Call reports 2016
BANKWELL BANK — 2016
What BANKWELL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,416,544,000 | 1,511,677,000 | 1,560,573,000 | 1,621,911,000 |
| Total loans | 1,192,715,000 | 1,273,049,000 | 1,322,715,000 | 1,362,131,000 |
| Allowance for loan losses | 14,810,000 | 16,100,000 | 17,250,000 | 17,982,000 |
| Securities available for sale | 91,528,000 | 83,837,000 | 82,752,000 | 87,751,000 |
| Securities held to maturity | 17,010,000 | 16,959,000 | 16,909,000 | 16,859,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,102,676,000 | 1,188,309,000 | 1,223,422,000 | 1,294,713,000 |
| Interest-bearing deposits | 936,686,000 | 1,009,377,000 | 1,046,996,000 | 1,107,102,000 |
| Noninterest-bearing deposits | 165,990,000 | 178,932,000 | 176,426,000 | 187,611,000 |
| Equity capital | 149,296,000 | 152,786,000 | 157,112,000 | 162,161,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 14,005,000 | 28,715,000 | 44,348,000 | 60,990,000 |
| Interest expense | 2,233,000 | 4,691,000 | 7,424,000 | 10,402,000 |
| Net interest income | 11,772,000 | 24,024,000 | 36,924,000 | 50,588,000 |
| Noninterest income | 620,000 | 1,366,000 | 2,081,000 | 2,661,000 |
| Noninterest expense | 6,133,000 | 12,418,000 | 18,953,000 | 25,663,000 |
| Provision for loan losses | 646,000 | 1,947,000 | 3,166,000 | 3,914,000 |
| Pretax income | 5,613,000 | 11,117,000 | 16,978,000 | 23,557,000 |
| Income tax | 1,796,000 | 3,549,000 | 5,429,000 | 7,786,000 |
| Net income | 3,817,000 | 7,568,000 | 11,549,000 | 15,771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 146,362,000 | 150,291,000 | 153,398,000 | 157,604,000 |
| Total capital | 161,172,000 | 166,261,000 | 169,886,000 | 174,610,000 |
| Risk-weighted assets | 1,195,496,000 | 1,277,516,000 | 1,317,986,000 | 1,359,281,000 |