Call reports 2016
BRIDGEWATER BANK — 2016
What BRIDGEWATER BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 977,357,000 | 1,125,188,000 | 1,181,527,000 | 1,255,643,000 |
| Total loans | 819,417,000 | 891,768,000 | 954,740,000 | 997,473,000 |
| Allowance for loan losses | 10,768,000 | 11,526,000 | 11,756,000 | 12,333,000 |
| Securities available for sale | 126,418,000 | 161,321,000 | 187,708,000 | 217,083,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 826,532,000 | 964,207,000 | 991,114,000 | 1,042,203,000 |
| Interest-bearing deposits | 636,055,000 | 702,253,000 | 727,438,000 | 785,839,000 |
| Noninterest-bearing deposits | 190,478,000 | 261,954,000 | 263,676,000 | 256,365,000 |
| Equity capital | 93,317,000 | 103,766,000 | 111,771,000 | 112,850,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 11,192,000 | 23,252,000 | 36,852,000 | 50,627,000 |
| Interest expense | 1,768,000 | 3,667,000 | 5,671,000 | 7,780,000 |
| Net interest income | 9,424,000 | 19,585,000 | 31,181,000 | 42,847,000 |
| Noninterest income | 204,000 | 433,000 | 1,275,000 | 1,736,000 |
| Noninterest expense | 4,364,000 | 9,340,000 | 14,662,000 | 19,927,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 2,250,000 | 3,250,000 |
| Pretax income | 4,836,000 | 9,847,000 | 16,545,000 | 22,236,000 |
| Income tax | 1,847,000 | 3,752,000 | 6,322,000 | 8,452,000 |
| Net income | 2,989,000 | 6,095,000 | 10,223,000 | 13,784,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,311,000 | 96,615,000 | 106,401,000 | 113,041,000 |
| Total capital | 102,144,000 | 107,605,000 | 118,227,000 | 125,457,000 |
| Risk-weighted assets | 785,606,000 | 878,589,000 | 950,805,000 | 992,973,000 |