Call reports 2006
BRIDGEWATER BANK — 2006
What BRIDGEWATER BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 65,357,000 | 108,751,000 | 133,996,000 | 165,160,000 |
| Total loans | 63,151,000 | 97,988,000 | 125,709,000 | 158,603,000 |
| Allowance for loan losses | 635,000 | 975,000 | 1,435,000 | 2,100,000 |
| Securities available for sale | 0 | 0 | 1,039,000 | 1,346,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,826,000 | 98,974,000 | 120,880,000 | 151,013,000 |
| Interest-bearing deposits | 50,037,000 | 90,292,000 | 111,616,000 | 141,584,000 |
| Noninterest-bearing deposits | 5,789,000 | 8,681,000 | 9,264,000 | 9,429,000 |
| Equity capital | 9,070,000 | 9,295,000 | 12,588,000 | 13,833,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,244,000 | 3,388,000 | 6,281,000 | 9,791,000 |
| Interest expense | 444,000 | 1,306,000 | 2,607,000 | 4,218,000 |
| Net interest income | 800,000 | 2,082,000 | 3,674,000 | 5,573,000 |
| Noninterest income | 3,000 | 7,000 | 28,000 | 48,000 |
| Noninterest expense | 382,000 | 945,000 | 1,620,000 | 2,482,000 |
| Provision for loan losses | 235,000 | 575,000 | 1,035,000 | 1,700,000 |
| Pretax income | 186,000 | 569,000 | 1,047,000 | 1,439,000 |
| Income tax | 76,000 | 235,000 | 429,000 | 586,000 |
| Net income | 110,000 | 334,000 | 618,000 | 853,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,903,000 | 9,131,000 | 12,429,000 | 13,562,000 |
| Total capital | 9,538,000 | 10,106,000 | 13,864,000 | 15,465,000 |
| Risk-weighted assets | 70,175,000 | 94,187,000 | 123,011,000 | 152,034,000 |