Call reports 2009
BANKWELL BANK — 2009
What BANKWELL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 253,241,000 | 242,886,000 | 241,232,000 | 256,406,000 |
| Total loans | 182,580,000 | 188,761,000 | 203,586,000 | 211,865,000 |
| Allowance for loan losses | 3,000,000 | 3,226,000 | 3,525,000 | 3,450,000 |
| Securities available for sale | 29,998,000 | 11,968,000 | 21,202,000 | 19,480,000 |
| Securities held to maturity | 0 | 0 | 0 | 1,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,087,000 | 189,468,000 | 185,916,000 | 188,927,000 |
| Interest-bearing deposits | 162,451,000 | 152,527,000 | 147,320,000 | 150,721,000 |
| Noninterest-bearing deposits | 32,636,000 | 36,941,000 | 38,596,000 | 38,206,000 |
| Equity capital | 18,875,000 | 18,997,000 | 19,541,000 | 21,452,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,128,000 | 6,031,000 | 8,993,000 | 12,240,000 |
| Interest expense | 957,000 | 1,803,000 | 2,502,000 | 3,164,000 |
| Net interest income | 2,171,000 | 4,228,000 | 6,491,000 | 9,076,000 |
| Noninterest income | 111,000 | 347,000 | 637,000 | 808,000 |
| Noninterest expense | 1,599,000 | 3,373,000 | 5,250,000 | 6,954,000 |
| Provision for loan losses | 302,000 | 525,000 | 825,000 | 1,161,000 |
| Pretax income | 381,000 | 677,000 | 1,053,000 | 1,769,000 |
| Income tax | 151,000 | 269,000 | 417,000 | 690,000 |
| Net income | 230,000 | 408,000 | 636,000 | 1,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,909,000 | 19,100,000 | 19,340,000 | 21,295,000 |
| Total capital | 20,839,000 | 20,340,000 | 21,402,000 | 23,485,000 |
| Risk-weighted assets | 153,305,000 | 154,896,000 | 163,530,000 | 173,924,000 |