Call reports 2005
BANKWELL BANK — 2005
What BANKWELL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 111,194,000 | 119,008,000 | 124,260,000 | 130,143,000 |
| Total loans | 78,188,000 | 87,172,000 | 85,636,000 | 91,555,000 |
| Allowance for loan losses | 735,000 | 845,000 | 965,000 | 1,060,000 |
| Securities available for sale | 22,319,000 | 22,446,000 | 22,145,000 | 27,978,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,720,000 | 84,258,000 | 102,346,000 | 103,039,000 |
| Interest-bearing deposits | 65,086,000 | 64,931,000 | 81,567,000 | 82,321,000 |
| Noninterest-bearing deposits | 15,634,000 | 19,327,000 | 20,779,000 | 20,718,000 |
| Equity capital | 11,242,000 | 11,443,000 | 11,523,000 | 12,774,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,317,000 | 2,795,000 | 4,400,000 | 6,095,000 |
| Interest expense | 289,000 | 652,000 | 1,060,000 | 1,521,000 |
| Net interest income | 1,028,000 | 2,143,000 | 3,340,000 | 4,574,000 |
| Noninterest income | 131,000 | 345,000 | 602,000 | 729,000 |
| Noninterest expense | 1,014,000 | 2,131,000 | 3,239,000 | 4,336,000 |
| Provision for loan losses | 110,000 | 220,000 | 340,000 | 464,000 |
| Pretax income | 35,000 | 137,000 | 363,000 | 503,000 |
| Income tax | 0 | 0 | 0 | -1,177,000 |
| Net income | 35,000 | 137,000 | 363,000 | 1,680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,403,000 | 11,505,000 | 11,732,000 | 12,809,000 |
| Total capital | 12,138,000 | 12,360,000 | 12,650,000 | 13,782,000 |
| Risk-weighted assets | 68,805,000 | 74,999,000 | 73,438,000 | 77,737,000 |