Call reports 2015
BANKWELL BANK — 2015
What BANKWELL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,098,375,000 | 1,208,337,000 | 1,306,575,000 | 1,322,743,000 |
| Total loans | 975,630,000 | 1,033,923,000 | 1,122,411,000 | 1,143,917,000 |
| Allowance for loan losses | 11,596,000 | 12,230,000 | 13,720,000 | 14,169,000 |
| Securities available for sale | 50,736,000 | 46,883,000 | 45,023,000 | 40,581,000 |
| Securities held to maturity | 11,398,000 | 11,341,000 | 11,282,000 | 10,226,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 840,171,000 | 956,410,000 | 1,054,949,000 | 1,052,635,000 |
| Interest-bearing deposits | 697,229,000 | 793,843,000 | 906,196,000 | 888,061,000 |
| Noninterest-bearing deposits | 142,942,000 | 162,567,000 | 148,753,000 | 164,574,000 |
| Equity capital | 121,642,000 | 124,277,000 | 126,831,000 | 145,728,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 11,272,000 | 23,660,000 | 36,846,000 | 50,753,000 |
| Interest expense | 1,384,000 | 3,036,000 | 5,143,000 | 7,450,000 |
| Net interest income | 9,888,000 | 20,624,000 | 31,703,000 | 43,303,000 |
| Noninterest income | 571,000 | 1,398,000 | 2,544,000 | 3,277,000 |
| Noninterest expense | 6,043,000 | 12,457,000 | 18,669,000 | 25,362,000 |
| Provision for loan losses | 733,000 | 1,387,000 | 2,876,000 | 3,229,000 |
| Pretax income | 3,683,000 | 8,178,000 | 12,702,000 | 17,989,000 |
| Income tax | 1,219,000 | 2,810,000 | 4,391,000 | 6,283,000 |
| Net income | 2,464,000 | 5,368,000 | 8,311,000 | 11,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 118,351,000 | 121,276,000 | 124,239,000 | 142,651,000 |
| Total capital | 129,947,000 | 133,506,000 | 137,959,000 | 156,820,000 |
| Risk-weighted assets | 979,772,000 | 1,060,431,000 | 1,155,637,000 | 1,171,312,000 |