Call reports 2006
BANKWELL BANK — 2006
What BANKWELL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 146,105,000 | 145,669,000 | 144,449,000 | 149,138,000 |
| Total loans | 94,334,000 | 105,809,000 | 101,096,000 | 110,398,000 |
| Allowance for loan losses | 1,110,000 | 1,170,000 | 1,165,000 | 1,180,000 |
| Securities available for sale | 28,805,000 | 31,657,000 | 30,941,000 | 27,955,000 |
| Securities held to maturity | 0 | 0 | 2,000,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,764,000 | 122,135,000 | 117,365,000 | 118,442,000 |
| Interest-bearing deposits | 102,815,000 | 97,846,000 | 96,115,000 | 92,942,000 |
| Noninterest-bearing deposits | 25,949,000 | 24,289,000 | 21,250,000 | 25,500,000 |
| Equity capital | 12,830,000 | 12,939,000 | 13,342,000 | 13,631,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,923,000 | 4,005,000 | 6,215,000 | 8,391,000 |
| Interest expense | 602,000 | 1,297,000 | 2,169,000 | 3,060,000 |
| Net interest income | 1,321,000 | 2,708,000 | 4,046,000 | 5,331,000 |
| Noninterest income | 109,000 | 275,000 | 493,000 | 652,000 |
| Noninterest expense | 1,180,000 | 2,434,000 | 3,740,000 | 4,936,000 |
| Provision for loan losses | 45,000 | 104,000 | 128,000 | 142,000 |
| Pretax income | 205,000 | 445,000 | 671,000 | 905,000 |
| Income tax | 80,000 | 181,000 | 276,000 | 393,000 |
| Net income | 125,000 | 264,000 | 395,000 | 512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,956,000 | 13,141,000 | 13,358,000 | 13,630,000 |
| Total capital | 14,009,000 | 14,261,000 | 14,447,000 | 14,793,000 |
| Risk-weighted assets | 84,205,000 | 88,789,000 | 86,705,000 | 92,988,000 |