Call reports 2018
BANKWELL BANK — 2018
What BANKWELL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,826,959,000 | 1,866,931,000 | 1,880,740,000 | 1,871,263,000 |
| Total loans | 1,553,366,000 | 1,591,597,000 | 1,604,776,000 | 1,602,237,000 |
| Allowance for loan losses | 18,801,000 | 19,006,000 | 19,311,000 | 15,462,000 |
| Securities available for sale | 99,050,000 | 92,608,000 | 94,439,000 | 93,153,000 |
| Securities held to maturity | 21,546,000 | 21,505,000 | 21,464,000 | 21,421,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,431,459,000 | 1,470,928,000 | 1,499,226,000 | 1,508,690,000 |
| Interest-bearing deposits | 1,179,305,000 | 1,302,586,000 | 1,336,664,000 | 1,335,395,000 |
| Noninterest-bearing deposits | 252,154,000 | 168,342,000 | 162,562,000 | 173,295,000 |
| Equity capital | 184,447,000 | 189,472,000 | 193,450,000 | 192,909,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 18,605,000 | 38,020,000 | 58,520,000 | 80,057,000 |
| Interest expense | 4,525,000 | 9,656,000 | 15,533,000 | 22,234,000 |
| Net interest income | 14,080,000 | 28,364,000 | 42,987,000 | 57,823,000 |
| Noninterest income | 940,000 | 1,880,000 | 2,573,000 | 3,003,000 |
| Noninterest expense | 8,362,000 | 16,218,000 | 24,223,000 | 32,036,000 |
| Provision for loan losses | 13,000 | 323,000 | 645,000 | 3,440,000 |
| Pretax income | 6,867,000 | 13,925,000 | 20,914,000 | 25,578,000 |
| Income tax | 1,393,000 | 2,817,000 | 4,228,000 | 4,717,000 |
| Net income | 5,474,000 | 11,108,000 | 16,686,000 | 20,861,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 179,579,000 | 185,340,000 | 188,437,000 | 191,128,000 |
| Total capital | 198,380,000 | 204,346,000 | 207,748,000 | 206,590,000 |
| Risk-weighted assets | 1,606,666,000 | 1,638,171,000 | 1,647,950,000 | 1,653,211,000 |