Call reports 2012
WATCH HILL BANK — 2012
What WATCH HILL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 85,841,000 | 86,366,000 | 84,985,000 | 82,974,000 |
| Total loans | 60,146,000 | 59,549,000 | 60,215,000 | 61,612,000 |
| Allowance for loan losses | 1,433,000 | 1,788,000 | 1,912,000 | 2,110,000 |
| Securities available for sale | 8,308,000 | 14,901,000 | 13,511,000 | 12,185,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,695,000 | 61,772,000 | 60,748,000 | 59,384,000 |
| Interest-bearing deposits | 62,671,000 | 61,754,000 | 60,718,000 | 59,326,000 |
| Noninterest-bearing deposits | 24,000 | 18,000 | 30,000 | 58,000 |
| Equity capital | 13,923,000 | 13,538,000 | 13,293,000 | 12,531,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 837,000 | 1,640,000 | 2,451,000 | 3,288,000 |
| Interest expense | 289,000 | 568,000 | 836,000 | 1,073,000 |
| Net interest income | 548,000 | 1,072,000 | 1,615,000 | 2,215,000 |
| Noninterest income | -139,000 | -93,000 | -95,000 | -212,000 |
| Noninterest expense | 607,000 | 1,598,000 | 2,242,000 | 3,490,000 |
| Provision for loan losses | 582,000 | 1,057,000 | 1,331,000 | 1,666,000 |
| Pretax income | -780,000 | -1,680,000 | -1,952,000 | -3,018,000 |
| Income tax | -95,000 | -594,000 | -696,000 | -1,068,000 |
| Net income | -685,000 | -1,086,000 | -1,256,000 | -1,950,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,828,000 | 12,455,000 | 12,184,000 | 10,953,000 |
| Total capital | 14,389,000 | 13,026,000 | 12,751,000 | 11,499,000 |
| Risk-weighted assets | 43,366,000 | 43,483,000 | 44,021,000 | 42,855,000 |