Call reports 2015
WATCH HILL BANK — 2015
What WATCH HILL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 99,718,000 | 106,873,000 | 115,412,000 | 119,324,000 |
| Total loans | 82,154,000 | 90,480,000 | 99,317,000 | 99,218,000 |
| Allowance for loan losses | 1,599,000 | 1,602,000 | 1,610,000 | 1,620,000 |
| Securities available for sale | 4,043,000 | 4,295,000 | 4,088,000 | 3,848,000 |
| Securities held to maturity | 1,826,000 | 1,551,000 | 1,411,000 | 1,272,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,374,000 | 69,568,000 | 76,729,000 | 81,173,000 |
| Interest-bearing deposits | 60,711,000 | 66,560,000 | 73,006,000 | 77,480,000 |
| Noninterest-bearing deposits | 2,663,000 | 3,008,000 | 3,723,000 | 3,693,000 |
| Equity capital | 13,910,000 | 13,930,000 | 14,006,000 | 14,085,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 867,000 | 1,784,000 | 2,783,000 | 3,794,000 |
| Interest expense | 249,000 | 525,000 | 818,000 | 1,131,000 |
| Net interest income | 618,000 | 1,259,000 | 1,965,000 | 2,663,000 |
| Noninterest income | 38,000 | 77,000 | 143,000 | 182,000 |
| Noninterest expense | 563,000 | 1,211,000 | 1,893,000 | 2,581,000 |
| Provision for loan losses | 5,000 | 5,000 | 10,000 | 18,000 |
| Pretax income | 88,000 | 120,000 | 205,000 | 246,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 88,000 | 120,000 | 205,000 | 246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,989,000 | 14,021,000 | 14,105,000 | 14,195,000 |
| Total capital | 14,710,000 | 14,834,000 | 14,984,000 | 15,086,000 |
| Risk-weighted assets | 56,832,000 | 64,250,000 | 69,603,000 | 70,529,000 |