Call reports 2007
BANKWELL BANK — 2007
What BANKWELL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 160,286,000 | 183,534,000 | 173,235,000 | 190,859,000 |
| Total loans | 105,728,000 | 126,247,000 | 130,162,000 | 145,287,000 |
| Allowance for loan losses | 1,184,000 | 1,225,000 | 1,282,000 | 1,450,000 |
| Securities available for sale | 27,618,000 | 37,941,000 | 34,422,000 | 38,721,000 |
| Securities held to maturity | 3,445,000 | 3,448,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,407,000 | 139,425,000 | 132,904,000 | 157,215,000 |
| Interest-bearing deposits | 98,151,000 | 104,907,000 | 105,828,000 | 131,159,000 |
| Noninterest-bearing deposits | 30,256,000 | 34,518,000 | 27,076,000 | 26,056,000 |
| Equity capital | 29,159,000 | 29,363,000 | 29,871,000 | 15,881,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,169,000 | 4,561,000 | 7,379,000 | 10,132,000 |
| Interest expense | 844,000 | 1,637,000 | 2,657,000 | 3,655,000 |
| Net interest income | 1,325,000 | 2,924,000 | 4,722,000 | 6,477,000 |
| Noninterest income | 154,000 | 255,000 | 465,000 | 586,000 |
| Noninterest expense | 1,367,000 | 2,765,000 | 4,375,000 | 5,585,000 |
| Provision for loan losses | 0 | 38,000 | 92,000 | 256,000 |
| Pretax income | 113,000 | 377,000 | 721,000 | 1,223,000 |
| Income tax | 48,000 | 158,000 | 302,000 | 471,000 |
| Net income | 65,000 | 219,000 | 419,000 | 752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,329,000 | 29,600,000 | 29,921,000 | 15,856,000 |
| Total capital | 30,467,000 | 30,715,000 | 31,172,000 | 17,215,000 |
| Risk-weighted assets | 91,030,000 | 105,445,000 | 109,389,000 | 122,969,000 |