Call reports 2009
BRIDGEWATER BANK — 2009
What BRIDGEWATER BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 326,125,000 | 334,847,000 | 366,258,000 | 364,402,000 |
| Total loans | 295,042,000 | 291,385,000 | 295,305,000 | 303,599,000 |
| Allowance for loan losses | 5,163,000 | 4,482,000 | 3,977,000 | 4,621,000 |
| Securities available for sale | 1,815,000 | 1,894,000 | 1,996,000 | 1,855,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,314,000 | 284,681,000 | 314,783,000 | 328,054,000 |
| Interest-bearing deposits | 257,097,000 | 268,403,000 | 293,089,000 | 308,523,000 |
| Noninterest-bearing deposits | 19,217,000 | 16,278,000 | 21,694,000 | 19,531,000 |
| Equity capital | 28,682,000 | 28,880,000 | 30,575,000 | 30,674,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 5,116,000 | 10,174,000 | 15,253,000 | 20,498,000 |
| Interest expense | 2,376,000 | 4,671,000 | 6,870,000 | 8,959,000 |
| Net interest income | 2,740,000 | 5,503,000 | 8,383,000 | 11,539,000 |
| Noninterest income | 12,000 | 76,000 | 150,000 | -221,000 |
| Noninterest expense | 1,183,000 | 2,521,000 | 3,813,000 | 5,083,000 |
| Provision for loan losses | 1,150,000 | 2,400,000 | 3,850,000 | 5,200,000 |
| Pretax income | 419,000 | 658,000 | 870,000 | 1,035,000 |
| Income tax | 161,000 | 254,000 | 338,000 | 416,000 |
| Net income | 258,000 | 404,000 | 532,000 | 619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,013,000 | 29,159,000 | 30,787,000 | 30,886,000 |
| Total capital | 32,580,000 | 32,655,000 | 34,421,000 | 34,584,000 |
| Risk-weighted assets | 283,766,000 | 278,674,000 | 290,369,000 | 294,954,000 |