Call reports 2014
BANKWELL BANK — 2014
What BANKWELL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 808,855,000 | 897,342,000 | 887,340,000 | 1,094,427,000 |
| Total loans | 655,186,000 | 680,810,000 | 739,700,000 | 927,427,000 |
| Allowance for loan losses | 8,603,000 | 8,985,000 | 9,552,000 | 10,860,000 |
| Securities available for sale | 35,557,000 | 49,114,000 | 67,537,000 | 65,009,000 |
| Securities held to maturity | 13,780,000 | 13,742,000 | 11,502,000 | 11,454,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 686,237,000 | 741,841,000 | 702,481,000 | 842,079,000 |
| Interest-bearing deposits | 566,559,000 | 595,223,000 | 551,313,000 | 676,028,000 |
| Noninterest-bearing deposits | 119,678,000 | 146,618,000 | 151,168,000 | 166,051,000 |
| Equity capital | 61,373,000 | 103,008,000 | 104,737,000 | 119,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,861,000 | 15,905,000 | 24,573,000 | 35,588,000 |
| Interest expense | 721,000 | 1,640,000 | 2,723,000 | 3,973,000 |
| Net interest income | 7,140,000 | 14,265,000 | 21,850,000 | 31,615,000 |
| Noninterest income | 743,000 | 1,401,000 | 2,132,000 | 2,935,000 |
| Noninterest expense | 5,344,000 | 10,602,000 | 15,704,000 | 23,132,000 |
| Provision for loan losses | 211,000 | 281,000 | 847,000 | 2,152,000 |
| Pretax income | 2,328,000 | 4,783,000 | 7,431,000 | 9,266,000 |
| Income tax | 765,000 | 1,601,000 | 2,499,000 | 3,015,000 |
| Net income | 1,563,000 | 3,182,000 | 4,932,000 | 6,251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,488,000 | 101,958,000 | 103,735,000 | 115,359,000 |
| Total capital | 68,460,000 | 110,335,000 | 112,989,000 | 125,339,000 |
| Risk-weighted assets | 637,292,000 | 669,481,000 | 739,986,000 | 925,032,000 |