Call reports 2018
BRIDGEWATER BANK — 2018
What BRIDGEWATER BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,676,229,000 | 1,747,226,000 | 1,882,323,000 | 1,970,086,000 |
| Total loans | 1,401,290,000 | 1,459,262,000 | 1,595,656,000 | 1,660,416,000 |
| Allowance for loan losses | 17,121,000 | 17,666,000 | 18,949,000 | 20,031,000 |
| Securities available for sale | 236,818,000 | 246,071,000 | 240,786,000 | 253,378,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,400,837,000 | 1,461,260,000 | 1,524,112,000 | 1,606,432,000 |
| Interest-bearing deposits | 1,038,001,000 | 1,091,371,000 | 1,136,796,000 | 1,191,731,000 |
| Noninterest-bearing deposits | 362,836,000 | 369,889,000 | 387,316,000 | 414,701,000 |
| Equity capital | 187,649,000 | 194,771,000 | 201,850,000 | 212,306,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 18,701,000 | 39,082,000 | 61,207,000 | 85,179,000 |
| Interest expense | 3,426,000 | 7,375,000 | 12,333,000 | 18,325,000 |
| Net interest income | 15,275,000 | 31,707,000 | 48,874,000 | 66,854,000 |
| Noninterest income | 387,000 | 931,000 | 1,724,000 | 2,597,000 |
| Noninterest expense | 6,504,000 | 13,018,000 | 20,555,000 | 31,599,000 |
| Provision for loan losses | 600,000 | 1,500,000 | 2,775,000 | 3,575,000 |
| Pretax income | 8,558,000 | 18,061,000 | 27,160,000 | 34,152,000 |
| Income tax | 2,306,000 | 4,806,000 | 7,209,000 | 6,140,000 |
| Net income | 6,252,000 | 13,255,000 | 19,951,000 | 28,012,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 186,045,000 | 193,287,000 | 202,154,000 | 210,474,000 |
| Total capital | 203,526,000 | 211,313,000 | 221,463,000 | 230,865,000 |
| Risk-weighted assets | 1,468,132,000 | 1,554,068,000 | 1,710,700,000 | 1,809,696,000 |