Call reports 2019
BRIDGEWATER BANK — 2019
What BRIDGEWATER BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,045,021,000 | 2,118,160,000 | 2,227,248,000 | 2,263,871,000 |
| Total loans | 1,718,838,000 | 1,778,246,000 | 1,839,688,000 | 1,905,784,000 |
| Allowance for loan losses | 20,607,000 | 21,362,000 | 22,124,000 | 22,526,000 |
| Securities available for sale | 250,285,000 | 241,925,000 | 263,803,000 | 289,877,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,688,525,000 | 1,728,890,000 | 1,828,914,000 | 1,849,989,000 |
| Interest-bearing deposits | 1,238,730,000 | 1,290,067,000 | 1,323,743,000 | 1,375,801,000 |
| Noninterest-bearing deposits | 449,795,000 | 438,823,000 | 505,171,000 | 474,188,000 |
| Equity capital | 223,359,000 | 233,475,000 | 242,907,000 | 251,676,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 24,247,000 | 49,749,000 | 76,288,000 | 103,682,000 |
| Interest expense | 6,638,000 | 13,497,000 | 20,615,000 | 27,589,000 |
| Net interest income | 17,609,000 | 36,252,000 | 55,673,000 | 76,093,000 |
| Noninterest income | 639,000 | 1,240,000 | 2,128,000 | 3,240,000 |
| Noninterest expense | 7,933,000 | 17,585,000 | 26,826,000 | 37,418,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 2,100,000 | 2,700,000 |
| Pretax income | 9,710,000 | 19,165,000 | 29,391,000 | 39,731,000 |
| Income tax | 2,484,000 | 3,848,000 | 6,140,000 | 7,687,000 |
| Net income | 7,226,000 | 15,317,000 | 23,251,000 | 32,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 217,922,000 | 226,235,000 | 234,391,000 | 243,461,000 |
| Total capital | 238,889,000 | 244,419,000 | 251,102,000 | 252,501,000 |
| Risk-weighted assets | 1,862,519,000 | 1,929,232,000 | 2,018,130,000 | 2,076,714,000 |