Call reports 2019
BANKWELL BANK — 2019
What BANKWELL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,894,700,000 | 1,856,728,000 | 1,855,865,000 | 1,879,209,000 |
| Total loans | 1,594,039,000 | 1,565,509,000 | 1,562,201,000 | 1,602,349,000 |
| Allowance for loan losses | 15,430,000 | 13,890,000 | 13,212,000 | 13,509,000 |
| Securities available for sale | 96,423,000 | 93,017,000 | 86,017,000 | 82,439,000 |
| Securities held to maturity | 21,364,000 | 21,318,000 | 17,365,000 | 16,308,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,525,709,000 | 1,483,747,000 | 1,476,895,000 | 1,498,395,000 |
| Interest-bearing deposits | 1,363,848,000 | 1,322,039,000 | 1,298,018,000 | 1,306,803,000 |
| Noninterest-bearing deposits | 161,861,000 | 161,708,000 | 178,877,000 | 191,592,000 |
| Equity capital | 197,197,000 | 196,090,000 | 194,690,000 | 201,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 21,477,000 | 42,522,000 | 63,016,000 | 82,949,000 |
| Interest expense | 6,827,000 | 13,903,000 | 21,010,000 | 27,686,000 |
| Net interest income | 14,650,000 | 28,619,000 | 42,006,000 | 55,263,000 |
| Noninterest income | 1,102,000 | 2,167,000 | 3,531,000 | 4,421,000 |
| Noninterest expense | 8,118,000 | 15,959,000 | 23,714,000 | 32,054,000 |
| Provision for loan losses | 195,000 | -646,000 | 127,000 | 437,000 |
| Pretax income | 7,474,000 | 15,614,000 | 21,855,000 | 27,340,000 |
| Income tax | 1,547,000 | 3,225,000 | 4,491,000 | 5,653,000 |
| Net income | 5,927,000 | 12,389,000 | 17,364,000 | 21,687,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 197,551,000 | 200,228,000 | 203,119,000 | 205,856,000 |
| Total capital | 212,981,000 | 214,118,000 | 216,331,000 | 219,365,000 |
| Risk-weighted assets | 1,646,293,000 | 1,614,878,000 | 1,605,605,000 | 1,643,428,000 |