Call reports 2024
GOLDWATER BANK, NATIONAL ASSOCIATION — 2024
What GOLDWATER BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 439,660,000 | 441,457,000 | 460,042,000 | 444,456,000 |
| Total loans | 399,647,000 | 400,960,000 | 394,037,000 | 401,721,000 |
| Allowance for loan losses | 5,225,000 | 4,262,000 | 4,516,000 | 5,211,000 |
| Securities available for sale | 315,000 | 315,000 | 326,000 | 311,000 |
| Securities held to maturity | 11,900,000 | 11,900,000 | 11,900,000 | 11,900,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 302,265,000 | 309,136,000 | 336,708,000 | 307,692,000 |
| Interest-bearing deposits | 206,505,000 | 196,505,000 | 211,339,000 | 216,011,000 |
| Noninterest-bearing deposits | 95,760,000 | 112,631,000 | 125,369,000 | 91,681,000 |
| Equity capital | 53,668,000 | 54,175,000 | 55,320,000 | 55,707,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,321,000 | 12,598,000 | 19,257,000 | 26,171,000 |
| Interest expense | 2,509,000 | 4,632,000 | 7,206,000 | 9,952,000 |
| Net interest income | 3,812,000 | 7,966,000 | 12,051,000 | 16,219,000 |
| Noninterest income | 1,843,000 | 4,096,000 | 6,292,000 | 7,602,000 |
| Noninterest expense | 4,625,000 | 9,629,000 | 14,276,000 | 18,257,000 |
| Provision for loan losses | 0 | 250,000 | 625,000 | 1,000,000 |
| Pretax income | 1,030,000 | 2,183,000 | 3,442,000 | 4,564,000 |
| Income tax | 212,000 | 485,000 | 781,000 | 1,122,000 |
| Net income | 818,000 | 1,698,000 | 2,661,000 | 3,442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,700,000 | 54,204,000 | 55,340,000 | 55,737,000 |