Call reports 2017
BANKWELL BANK — 2017
What BANKWELL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,669,308,000 | 1,752,326,000 | 1,800,479,000 | 1,790,766,000 |
| Total loans | 1,424,917,000 | 1,482,776,000 | 1,520,923,000 | 1,539,783,000 |
| Allowance for loan losses | 18,511,000 | 19,536,000 | 19,564,000 | 18,904,000 |
| Securities available for sale | 87,434,000 | 90,953,000 | 86,272,000 | 92,188,000 |
| Securities held to maturity | 16,808,000 | 23,613,000 | 23,573,000 | 21,579,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,332,472,000 | 1,418,478,000 | 1,412,987,000 | 1,400,928,000 |
| Interest-bearing deposits | 1,161,883,000 | 1,154,241,000 | 1,171,166,000 | 1,228,075,000 |
| Noninterest-bearing deposits | 170,589,000 | 264,237,000 | 241,821,000 | 172,853,000 |
| Equity capital | 166,786,000 | 171,233,000 | 176,751,000 | 178,779,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 16,436,000 | 34,124,000 | 52,472,000 | 71,199,000 |
| Interest expense | 3,117,000 | 6,787,000 | 10,896,000 | 15,334,000 |
| Net interest income | 13,319,000 | 27,337,000 | 41,576,000 | 55,865,000 |
| Noninterest income | 957,000 | 1,789,000 | 2,445,000 | 3,820,000 |
| Noninterest expense | 7,429,000 | 14,189,000 | 21,502,000 | 29,169,000 |
| Provision for loan losses | 543,000 | 1,438,000 | 1,835,000 | 1,341,000 |
| Pretax income | 6,468,000 | 13,663,000 | 20,848,000 | 29,339,000 |
| Income tax | 1,983,000 | 4,724,000 | 6,619,000 | 13,225,000 |
| Net income | 4,485,000 | 8,939,000 | 14,229,000 | 16,114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 162,052,000 | 166,639,000 | 171,935,000 | 173,728,000 |
| Total capital | 180,208,000 | 185,723,000 | 191,451,000 | 192,632,000 |
| Risk-weighted assets | 1,452,134,000 | 1,527,749,000 | 1,561,078,000 | 1,580,135,000 |