Call reports 2002
BANKWELL BANK — 2002
What BANKWELL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Total assets | 23,804,000 | 37,471,000 | 43,437,000 |
| Total loans | 3,025,000 | 13,205,000 | 27,506,000 |
| Allowance for loan losses | 22,000 | 87,000 | 135,000 |
| Securities available for sale | 0 | 11,041,000 | 8,862,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 16,620,000 | 30,665,000 | 36,830,000 |
| Interest-bearing deposits | 13,327,000 | 25,299,000 | 30,023,000 |
| Noninterest-bearing deposits | 3,293,000 | 5,366,000 | 6,807,000 |
| Equity capital | 7,176,000 | 6,736,000 | 6,443,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Interest income | 69,000 | 309,000 | 756,000 |
| Interest expense | 58,000 | 128,000 | 221,000 |
| Net interest income | 11,000 | 181,000 | 535,000 |
| Noninterest income | 12,000 | 52,000 | 160,000 |
| Noninterest expense | 1,418,000 | 2,120,000 | 2,867,000 |
| Provision for loan losses | 22,000 | 87,000 | 135,000 |
| Pretax income | -1,417,000 | -1,977,000 | -2,306,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -1,417,000 | -1,977,000 | -2,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Tier 1 capital | 7,176,000 | 6,713,000 | 6,409,000 |
| Total capital | 7,198,000 | 6,800,000 | 6,544,000 |
| Risk-weighted assets | 7,620,000 | 14,513,000 | 25,436,000 |