Call reports 2011
BANKWELL BANK — 2011
What BANKWELL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 321,164,000 | 336,041,000 | 356,585,000 | 362,377,000 |
| Total loans | 233,925,000 | 233,491,000 | 260,177,000 | 270,676,000 |
| Allowance for loan losses | 4,310,000 | 4,330,000 | 4,425,000 | 4,800,000 |
| Securities available for sale | 64,340,000 | 63,757,000 | 78,908,000 | 78,166,000 |
| Securities held to maturity | 4,962,000 | 4,962,000 | 4,962,000 | 4,963,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,830,000 | 278,025,000 | 282,837,000 | 284,198,000 |
| Interest-bearing deposits | 219,308,000 | 215,339,000 | 215,903,000 | 227,603,000 |
| Noninterest-bearing deposits | 45,522,000 | 62,686,000 | 66,934,000 | 56,595,000 |
| Equity capital | 25,265,000 | 26,335,000 | 31,148,000 | 32,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,573,000 | 7,344,000 | 11,260,000 | 15,506,000 |
| Interest expense | 602,000 | 1,124,000 | 1,643,000 | 2,145,000 |
| Net interest income | 2,971,000 | 6,220,000 | 9,617,000 | 13,361,000 |
| Noninterest income | 234,000 | 427,000 | 519,000 | 645,000 |
| Noninterest expense | 2,472,000 | 4,899,000 | 7,202,000 | 9,402,000 |
| Provision for loan losses | 165,000 | 180,000 | 354,000 | 724,000 |
| Pretax income | 568,000 | 1,734,000 | 2,746,000 | 4,128,000 |
| Income tax | 169,000 | 566,000 | 893,000 | 1,371,000 |
| Net income | 399,000 | 1,168,000 | 1,853,000 | 2,757,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,972,000 | 25,758,000 | 30,453,000 | 31,373,000 |
| Total capital | 27,874,000 | 28,686,000 | 33,784,000 | 34,930,000 |
| Risk-weighted assets | 230,789,000 | 232,599,000 | 265,402,000 | 283,324,000 |