Call reports 2023
GOLDWATER BANK, NATIONAL ASSOCIATION — 2023
What GOLDWATER BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 447,020,000 | 448,731,000 | 442,745,000 | 433,560,000 |
| Total loans | 398,324,000 | 403,339,000 | 399,245,000 | 393,298,000 |
| Allowance for loan losses | 4,057,000 | 4,309,000 | 4,560,000 | 5,225,000 |
| Securities available for sale | 334,000 | 329,000 | 317,000 | 324,000 |
| Securities held to maturity | 11,900,000 | 11,900,000 | 11,900,000 | 11,900,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 294,288,000 | 308,699,000 | 305,891,000 | 286,794,000 |
| Interest-bearing deposits | 196,412,000 | 195,738,000 | 210,725,000 | 202,479,000 |
| Noninterest-bearing deposits | 97,876,000 | 112,961,000 | 95,166,000 | 84,315,000 |
| Equity capital | 51,087,000 | 51,384,000 | 51,618,000 | 52,932,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,923,000 | 12,119,000 | 18,292,000 | 24,691,000 |
| Interest expense | 2,016,000 | 4,155,000 | 6,438,000 | 8,803,000 |
| Net interest income | 3,907,000 | 7,964,000 | 11,854,000 | 15,888,000 |
| Noninterest income | 4,286,000 | 5,717,000 | 7,131,000 | 9,975,000 |
| Noninterest expense | 6,674,000 | 11,421,000 | 16,059,000 | 20,835,000 |
| Provision for loan losses | 250,000 | 500,000 | 750,000 | 875,000 |
| Pretax income | 1,269,000 | 1,760,000 | 2,176,000 | 4,153,000 |
| Income tax | 298,000 | 413,000 | 511,000 | 804,000 |
| Net income | 970,000 | 1,346,000 | 1,664,000 | 3,348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,111,000 | 51,410,000 | 51,652,000 | 52,959,000 |