Call reports 2022
BRIDGEWATER BANK — 2022
What BRIDGEWATER BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 3,603,824,000 | 3,878,444,000 | 4,123,102,000 | 4,340,923,000 |
| Total loans | 2,978,902,000 | 3,216,349,000 | 3,370,994,000 | 3,560,153,000 |
| Allowance for loan losses | 41,692,000 | 44,711,000 | 46,491,000 | 47,996,000 |
| Securities available for sale | 456,485,000 | 479,977,000 | 539,669,000 | 546,033,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,113,700,000 | 3,244,121,000 | 3,343,739,000 | 3,453,734,000 |
| Interest-bearing deposits | 2,200,129,000 | 2,239,955,000 | 2,343,989,000 | 2,532,271,000 |
| Noninterest-bearing deposits | 913,571,000 | 1,004,166,000 | 999,751,000 | 921,463,000 |
| Equity capital | 390,944,000 | 421,038,000 | 431,401,000 | 445,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 34,670,000 | 72,438,000 | 114,782,000 | 163,625,000 |
| Interest expense | 3,317,000 | 7,349,000 | 14,372,000 | 29,107,000 |
| Net interest income | 31,353,000 | 65,089,000 | 100,410,000 | 134,518,000 |
| Noninterest income | 1,597,000 | 3,195,000 | 4,585,000 | 6,354,000 |
| Noninterest expense | 13,507,000 | 27,301,000 | 41,639,000 | 56,966,000 |
| Provision for loan losses | 1,675,000 | 4,700,000 | 6,200,000 | 7,700,000 |
| Pretax income | 17,768,000 | 36,335,000 | 57,208,000 | 76,288,000 |
| Income tax | 4,750,000 | 9,720,000 | 15,464,000 | 20,101,000 |
| Net income | 13,018,000 | 26,615,000 | 41,744,000 | 56,187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 389,584,000 | 429,079,000 | 445,130,000 | 460,404,000 |
| Total capital | 431,636,000 | 474,150,000 | 491,981,000 | 508,760,000 |
| Risk-weighted assets | 3,411,995,000 | 3,720,903,000 | 3,883,610,000 | 4,078,597,000 |