Call reports 2017
BRIDGEWATER BANK — 2017
What BRIDGEWATER BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,351,062,000 | 1,443,650,000 | 1,552,495,000 | 1,611,486,000 |
| Total loans | 1,081,257,000 | 1,169,063,000 | 1,267,834,000 | 1,343,009,000 |
| Allowance for loan losses | 13,216,000 | 14,053,000 | 15,219,000 | 16,502,000 |
| Securities available for sale | 229,695,000 | 232,969,000 | 243,312,000 | 229,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,149,756,000 | 1,223,929,000 | 1,310,484,000 | 1,354,405,000 |
| Interest-bearing deposits | 819,686,000 | 920,398,000 | 990,924,000 | 1,046,811,000 |
| Noninterest-bearing deposits | 330,070,000 | 303,531,000 | 319,561,000 | 307,594,000 |
| Equity capital | 128,132,000 | 140,852,000 | 156,218,000 | 159,423,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 14,598,000 | 30,369,000 | 47,749,000 | 66,321,000 |
| Interest expense | 2,255,000 | 4,788,000 | 7,601,000 | 10,768,000 |
| Net interest income | 12,343,000 | 25,581,000 | 40,148,000 | 55,553,000 |
| Noninterest income | 448,000 | 1,031,000 | 2,003,000 | 2,688,000 |
| Noninterest expense | 5,469,000 | 10,835,000 | 17,114,000 | 26,034,000 |
| Provision for loan losses | 950,000 | 1,775,000 | 2,975,000 | 4,175,000 |
| Pretax income | 6,403,000 | 13,936,000 | 22,011,000 | 27,782,000 |
| Income tax | 2,383,000 | 5,207,000 | 8,266,000 | 10,858,000 |
| Net income | 4,020,000 | 8,729,000 | 13,745,000 | 16,924,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,608,000 | 136,408,000 | 151,514,000 | 154,943,000 |
| Total capital | 140,169,000 | 150,821,000 | 167,093,000 | 171,805,000 |
| Risk-weighted assets | 1,084,881,000 | 1,157,835,000 | 1,271,421,000 | 1,389,180,000 |