Call reports 2021
GOLDWATER BANK, NATIONAL ASSOCIATION — 2021
What GOLDWATER BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 331,500,000 | 345,098,000 | 360,363,000 | 348,453,000 |
| Total loans | 272,194,000 | 300,460,000 | 283,917,000 | 264,974,000 |
| Allowance for loan losses | 1,888,000 | 2,066,000 | 2,066,000 | 2,155,000 |
| Securities available for sale | 2,268,000 | 1,076,000 | 892,000 | 582,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,233,000 | 256,832,000 | 272,866,000 | 249,576,000 |
| Interest-bearing deposits | 168,190,000 | 172,725,000 | 180,789,000 | 182,254,000 |
| Noninterest-bearing deposits | 72,043,000 | 84,107,000 | 92,077,000 | 67,322,000 |
| Equity capital | 33,246,000 | 34,925,000 | 36,208,000 | 48,895,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,985,000 | 6,183,000 | 9,873,000 | 13,268,000 |
| Interest expense | 465,000 | 885,000 | 1,304,000 | 1,717,000 |
| Net interest income | 2,520,000 | 5,298,000 | 8,569,000 | 11,551,000 |
| Noninterest income | 26,617,000 | 48,063,000 | 65,413,000 | 77,750,000 |
| Noninterest expense | 25,979,000 | 47,761,000 | 66,741,000 | 80,854,000 |
| Provision for loan losses | 1,464,000 | 1,642,000 | 1,642,000 | 1,742,000 |
| Pretax income | 1,694,000 | 3,958,000 | 5,599,000 | 6,705,000 |
| Income tax | 388,000 | 888,000 | 1,255,000 | 1,593,000 |
| Net income | 1,306,000 | 3,070,000 | 4,344,000 | 5,123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,208,000 | 34,897,000 | 36,183,000 | 48,885,000 |