Call reports 2004
BANKWELL BANK — 2004
What BANKWELL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 84,405,000 | 83,031,000 | 83,463,000 | 100,091,000 |
| Total loans | 56,493,000 | 59,331,000 | 61,660,000 | 71,223,000 |
| Allowance for loan losses | 435,000 | 470,000 | 490,000 | 625,000 |
| Securities available for sale | 8,391,000 | 12,203,000 | 12,664,000 | 22,665,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,530,000 | 69,230,000 | 65,685,000 | 73,973,000 |
| Interest-bearing deposits | 43,012,000 | 49,557,000 | 50,357,000 | 57,489,000 |
| Noninterest-bearing deposits | 22,518,000 | 19,673,000 | 15,328,000 | 16,484,000 |
| Equity capital | 9,623,000 | 9,574,000 | 9,592,000 | 9,399,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 844,000 | 1,792,000 | 2,836,000 | 3,952,000 |
| Interest expense | 128,000 | 250,000 | 393,000 | 579,000 |
| Net interest income | 716,000 | 1,542,000 | 2,443,000 | 3,373,000 |
| Noninterest income | 79,000 | 285,000 | 423,000 | 517,000 |
| Noninterest expense | 886,000 | 1,910,000 | 2,962,000 | 4,048,000 |
| Provision for loan losses | 35,000 | 69,000 | 90,000 | 225,000 |
| Pretax income | -123,000 | -149,000 | -183,000 | -380,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -123,000 | -149,000 | -183,000 | -380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,607,000 | 9,587,000 | 9,572,000 | 9,375,000 |
| Total capital | 10,042,000 | 10,057,000 | 10,062,000 | 10,000,000 |
| Risk-weighted assets | 50,519,000 | 52,641,000 | 54,797,000 | 60,739,000 |