Call reports 2015
BRIDGEWATER BANK — 2015
What BRIDGEWATER BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 745,848,000 | 785,405,000 | 835,610,000 | 925,016,000 |
| Total loans | 636,342,000 | 659,390,000 | 721,904,000 | 795,595,000 |
| Allowance for loan losses | 9,924,000 | 10,709,000 | 10,404,000 | 10,052,000 |
| Securities available for sale | 73,988,000 | 87,090,000 | 88,990,000 | 100,769,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 645,066,000 | 673,367,000 | 712,775,000 | 770,699,000 |
| Interest-bearing deposits | 523,496,000 | 539,397,000 | 544,158,000 | 592,835,000 |
| Noninterest-bearing deposits | 121,570,000 | 133,970,000 | 168,617,000 | 177,864,000 |
| Equity capital | 70,244,000 | 71,933,000 | 76,226,000 | 85,193,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 8,692,000 | 18,213,000 | 28,408,000 | 39,195,000 |
| Interest expense | 1,223,000 | 2,599,000 | 4,062,000 | 5,612,000 |
| Net interest income | 7,469,000 | 15,614,000 | 24,346,000 | 33,583,000 |
| Noninterest income | 75,000 | 243,000 | 818,000 | 1,113,000 |
| Noninterest expense | 3,278,000 | 6,659,000 | 10,147,000 | 14,476,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 1,500,000 | 1,500,000 |
| Pretax income | 3,755,000 | 7,937,000 | 13,969,000 | 19,294,000 |
| Income tax | 1,426,000 | 3,068,000 | 5,431,000 | 7,488,000 |
| Net income | 2,329,000 | 4,869,000 | 8,538,000 | 11,806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,569,000 | 72,109,000 | 75,889,000 | 84,265,000 |
| Total capital | 77,322,000 | 79,962,000 | 84,521,000 | 93,796,000 |
| Risk-weighted assets | 618,034,000 | 625,336,000 | 688,706,000 | 761,908,000 |