Call reports 2014
BRIDGEWATER BANK — 2014
What BRIDGEWATER BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 680,460,000 | 659,025,000 | 662,240,000 | 699,915,000 |
| Total loans | 512,232,000 | 549,742,000 | 562,743,000 | 597,199,000 |
| Allowance for loan losses | 9,092,000 | 9,789,000 | 9,370,000 | 9,488,000 |
| Securities available for sale | 63,298,000 | 62,915,000 | 60,844,000 | 70,022,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 625,897,000 | 583,282,000 | 582,706,000 | 604,195,000 |
| Interest-bearing deposits | 501,634,000 | 479,069,000 | 483,879,000 | 491,880,000 |
| Noninterest-bearing deposits | 124,263,000 | 104,213,000 | 98,827,000 | 112,314,000 |
| Equity capital | 52,622,000 | 57,685,000 | 61,174,000 | 66,869,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,295,000 | 15,487,000 | 24,054,000 | 32,758,000 |
| Interest expense | 878,000 | 1,778,000 | 2,779,000 | 3,882,000 |
| Net interest income | 6,417,000 | 13,709,000 | 21,275,000 | 28,876,000 |
| Noninterest income | 95,000 | 411,000 | 1,064,000 | 1,133,000 |
| Noninterest expense | 2,477,000 | 5,130,000 | 8,016,000 | 11,687,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 1,500,000 | 1,500,000 |
| Pretax income | 3,285,000 | 7,636,000 | 13,019,000 | 17,092,000 |
| Income tax | 1,254,000 | 2,937,000 | 5,035,000 | 6,661,000 |
| Net income | 2,031,000 | 4,699,000 | 7,984,000 | 10,431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,639,000 | 57,307,000 | 60,593,000 | 66,239,000 |
| Total capital | 59,102,000 | 64,071,000 | 67,516,000 | 73,485,000 |
| Risk-weighted assets | 514,317,000 | 537,989,000 | 551,355,000 | 577,354,000 |