Call reports 2007
BRIDGEWATER BANK — 2007
What BRIDGEWATER BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 197,356,000 | 217,245,000 | 233,128,000 | 242,022,000 |
| Total loans | 189,696,000 | 210,980,000 | 228,432,000 | 235,594,000 |
| Allowance for loan losses | 2,350,000 | 2,635,000 | 2,899,000 | 3,317,000 |
| Securities available for sale | 1,845,000 | 1,999,000 | 2,089,000 | 1,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,960,000 | 191,611,000 | 211,450,000 | 209,249,000 |
| Interest-bearing deposits | 168,271,000 | 178,956,000 | 200,591,000 | 197,079,000 |
| Noninterest-bearing deposits | 10,689,000 | 12,655,000 | 10,859,000 | 12,170,000 |
| Equity capital | 17,347,000 | 19,267,000 | 20,668,000 | 21,622,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,006,000 | 8,817,000 | 13,885,000 | 18,828,000 |
| Interest expense | 1,993,000 | 4,303,000 | 6,825,000 | 9,275,000 |
| Net interest income | 2,013,000 | 4,514,000 | 7,060,000 | 9,553,000 |
| Noninterest income | 22,000 | 59,000 | 95,000 | 128,000 |
| Noninterest expense | 924,000 | 1,921,000 | 2,940,000 | 3,877,000 |
| Provision for loan losses | 250,000 | 535,000 | 910,000 | 1,660,000 |
| Pretax income | 861,000 | 2,117,000 | 3,305,000 | 4,144,000 |
| Income tax | 346,000 | 853,000 | 1,330,000 | 1,665,000 |
| Net income | 515,000 | 1,264,000 | 1,975,000 | 2,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,962,000 | 18,912,000 | 20,323,000 | 20,937,000 |
| Total capital | 19,312,000 | 21,510,000 | 23,157,000 | 23,869,000 |
| Risk-weighted assets | 188,366,000 | 207,822,000 | 226,658,000 | 234,200,000 |