Call reports 2018
WATCH HILL BANK — 2018
What WATCH HILL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Total assets | 163,242,000 | 168,041,000 | 165,567,000 |
| Total loans | 143,830,000 | 150,709,000 | 150,967,000 |
| Allowance for loan losses | 1,640,000 | 1,643,000 | 1,644,000 |
| Securities available for sale | 4,192,000 | 3,849,000 | 3,545,000 |
| Securities held to maturity | 94,000 | 80,000 | 29,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 113,795,000 | 109,577,000 | 103,254,000 |
| Interest-bearing deposits | 109,676,000 | 104,929,000 | 100,004,000 |
| Noninterest-bearing deposits | 4,119,000 | 4,648,000 | 3,250,000 |
| Equity capital | 16,091,000 | 16,071,000 | 15,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Interest income | 1,544,000 | 3,130,000 | 4,791,000 |
| Interest expense | 466,000 | 986,000 | 1,562,000 |
| Net interest income | 1,078,000 | 2,144,000 | 3,229,000 |
| Noninterest income | 85,000 | 187,000 | 256,000 |
| Noninterest expense | 910,000 | 1,792,000 | 2,671,000 |
| Provision for loan losses | 0 | -8,000 | -8,000 |
| Pretax income | 253,000 | 547,000 | 822,000 |
| Income tax | 50,000 | 108,000 | 162,000 |
| Net income | 203,000 | 439,000 | 660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Tier 1 capital | 15,420,000 | 15,459,000 | 15,236,000 |
| Total capital | 17,020,000 | 17,102,000 | 16,880,000 |
| Risk-weighted assets | 127,922,000 | 131,773,000 | 138,863,000 |