Call reports 2011
BRIDGEWATER BANK — 2011
What BRIDGEWATER BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 358,107,000 | 371,466,000 | 384,237,000 | 410,279,000 |
| Total loans | 299,418,000 | 301,162,000 | 320,267,000 | 328,371,000 |
| Allowance for loan losses | 6,371,000 | 6,135,000 | 6,811,000 | 7,187,000 |
| Securities available for sale | 5,522,000 | 12,786,000 | 19,254,000 | 21,183,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,891,000 | 338,116,000 | 349,136,000 | 374,893,000 |
| Interest-bearing deposits | 305,808,000 | 314,508,000 | 323,558,000 | 340,311,000 |
| Noninterest-bearing deposits | 19,083,000 | 23,608,000 | 25,578,000 | 34,582,000 |
| Equity capital | 32,646,000 | 32,845,000 | 34,101,000 | 34,717,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,145,000 | 10,387,000 | 15,701,000 | 21,016,000 |
| Interest expense | 1,274,000 | 2,544,000 | 3,770,000 | 4,971,000 |
| Net interest income | 3,871,000 | 7,843,000 | 11,931,000 | 16,045,000 |
| Noninterest income | 40,000 | -173,000 | 282,000 | 326,000 |
| Noninterest expense | 1,445,000 | 2,804,000 | 4,362,000 | 5,937,000 |
| Provision for loan losses | 1,500,000 | 3,000,000 | 4,200,000 | 5,800,000 |
| Pretax income | 966,000 | 1,866,000 | 3,651,000 | 4,634,000 |
| Income tax | 408,000 | 795,000 | 1,555,000 | 1,991,000 |
| Net income | 558,000 | 1,071,000 | 2,096,000 | 2,643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,887,000 | 32,899,000 | 33,924,000 | 34,481,000 |
| Total capital | 36,414,000 | 36,456,000 | 37,875,000 | 38,613,000 |
| Risk-weighted assets | 279,306,000 | 281,946,000 | 313,244,000 | 327,484,000 |