Call reports 2020
GOLDWATER BANK, NATIONAL ASSOCIATION — 2020
What GOLDWATER BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 241,968,000 | 284,140,000 | 306,142,000 | 325,696,000 |
| Total loans | 191,574,000 | 236,429,000 | 241,587,000 | 264,624,000 |
| Allowance for loan losses | 597,000 | 720,000 | 855,000 | 1,096,000 |
| Securities available for sale | 3,555,000 | 3,200,000 | 2,827,000 | 2,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,140,000 | 188,190,000 | 203,313,000 | 224,126,000 |
| Interest-bearing deposits | 128,038,000 | 133,886,000 | 130,729,000 | 170,493,000 |
| Noninterest-bearing deposits | 37,102,000 | 54,304,000 | 72,584,000 | 53,633,000 |
| Equity capital | 20,601,000 | 24,837,000 | 30,326,000 | 32,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,925,000 | 4,162,000 | 6,665,000 | 9,503,000 |
| Interest expense | 745,000 | 1,499,000 | 2,094,000 | 2,607,000 |
| Net interest income | 1,180,000 | 2,663,000 | 4,571,000 | 6,896,000 |
| Noninterest income | 13,222,000 | 43,488,000 | 73,704,000 | 101,285,000 |
| Noninterest expense | 13,698,000 | 41,018,000 | 65,659,000 | 93,330,000 |
| Provision for loan losses | 120,000 | 242,000 | 369,000 | 610,000 |
| Pretax income | 584,000 | 4,891,000 | 12,247,000 | 14,241,000 |
| Income tax | 0 | 16,000 | 1,800,000 | 2,036,000 |
| Net income | 584,000 | 4,875,000 | 10,447,000 | 12,212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,566,000 | 24,782,000 | 30,280,000 | 31,974,000 |