Call reports 2010
BRIDGEWATER BANK — 2010
What BRIDGEWATER BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 345,984,000 | 348,301,000 | 356,226,000 | 350,780,000 |
| Total loans | 300,221,000 | 301,093,000 | 299,985,000 | 302,847,000 |
| Allowance for loan losses | 5,133,000 | 5,574,000 | 5,957,000 | 6,148,000 |
| Securities available for sale | 1,876,000 | 1,902,000 | 1,930,000 | 4,615,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,244,000 | 316,144,000 | 323,441,000 | 318,102,000 |
| Interest-bearing deposits | 294,365,000 | 293,312,000 | 300,792,000 | 297,779,000 |
| Noninterest-bearing deposits | 19,879,000 | 22,832,000 | 22,649,000 | 20,323,000 |
| Equity capital | 31,072,000 | 31,576,000 | 32,192,000 | 32,087,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 5,308,000 | 10,476,000 | 15,731,000 | 20,870,000 |
| Interest expense | 1,771,000 | 3,375,000 | 4,872,000 | 6,224,000 |
| Net interest income | 3,537,000 | 7,101,000 | 10,859,000 | 14,646,000 |
| Noninterest income | -191,000 | -563,000 | -651,000 | -715,000 |
| Noninterest expense | 1,545,000 | 2,783,000 | 4,188,000 | 5,782,000 |
| Provision for loan losses | 1,150,000 | 2,275,000 | 3,575,000 | 5,075,000 |
| Pretax income | 651,000 | 1,480,000 | 2,445,000 | 3,074,000 |
| Income tax | 268,000 | 608,000 | 1,006,000 | 1,343,000 |
| Net income | 383,000 | 872,000 | 1,439,000 | 1,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,269,000 | 31,757,000 | 32,325,000 | 32,328,000 |
| Total capital | 34,905,000 | 35,343,000 | 35,915,000 | 35,920,000 |
| Risk-weighted assets | 290,504,000 | 284,902,000 | 284,858,000 | 284,804,000 |