Call reports 2013
BRIDGEWATER BANK — 2013
What BRIDGEWATER BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 461,198,000 | 488,508,000 | 540,366,000 | 576,114,000 |
| Total loans | 392,491,000 | 411,913,000 | 454,954,000 | 476,028,000 |
| Allowance for loan losses | 7,156,000 | 7,691,000 | 7,649,000 | 8,360,000 |
| Securities available for sale | 36,257,000 | 38,088,000 | 47,656,000 | 52,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 419,623,000 | 446,685,000 | 478,194,000 | 524,830,000 |
| Interest-bearing deposits | 372,068,000 | 388,051,000 | 436,408,000 | 479,101,000 |
| Noninterest-bearing deposits | 47,555,000 | 58,634,000 | 41,786,000 | 45,729,000 |
| Equity capital | 40,541,000 | 40,631,000 | 48,670,000 | 50,244,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,944,000 | 12,421,000 | 19,243,000 | 26,371,000 |
| Interest expense | 859,000 | 1,731,000 | 2,620,000 | 3,527,000 |
| Net interest income | 5,085,000 | 10,690,000 | 16,623,000 | 22,844,000 |
| Noninterest income | 39,000 | 244,000 | 687,000 | 552,000 |
| Noninterest expense | 1,939,000 | 4,057,000 | 6,357,000 | 9,119,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 2,250,000 | 3,000,000 |
| Pretax income | 2,435,000 | 5,377,000 | 8,703,000 | 11,277,000 |
| Income tax | 949,000 | 2,116,000 | 3,410,000 | 4,369,000 |
| Net income | 1,486,000 | 3,261,000 | 5,293,000 | 6,908,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,163,000 | 40,939,000 | 48,972,000 | 50,609,000 |
| Total capital | 45,191,000 | 46,223,000 | 54,686,000 | 56,504,000 |
| Risk-weighted assets | 400,027,000 | 420,256,000 | 455,125,000 | 469,103,000 |