Call reports 2021
BANKWELL BANK — 2021
What BANKWELL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,241,424,000 | 2,266,902,000 | 2,223,380,000 | 2,452,445,000 |
| Total loans | 1,670,672,000 | 1,735,946,000 | 1,822,020,000 | 1,892,069,000 |
| Allowance for loan losses | 20,545,000 | 16,672,000 | 16,803,000 | 16,902,000 |
| Securities available for sale | 83,218,000 | 90,983,000 | 87,566,000 | 90,198,000 |
| Securities held to maturity | 16,225,000 | 16,166,000 | 16,106,000 | 16,043,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,879,800,000 | 1,947,473,000 | 1,887,443,000 | 2,133,697,000 |
| Interest-bearing deposits | 1,598,782,000 | 1,618,858,000 | 1,548,556,000 | 1,734,562,000 |
| Noninterest-bearing deposits | 281,018,000 | 328,615,000 | 338,887,000 | 399,135,000 |
| Equity capital | 193,121,000 | 198,084,000 | 206,874,000 | 226,700,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 18,777,000 | 38,870,000 | 59,484,000 | 81,377,000 |
| Interest expense | 3,750,000 | 6,879,000 | 9,541,000 | 12,020,000 |
| Net interest income | 15,027,000 | 31,991,000 | 49,943,000 | 69,357,000 |
| Noninterest income | 1,819,000 | 3,076,000 | 4,353,000 | 5,031,000 |
| Noninterest expense | 8,518,000 | 17,441,000 | 26,405,000 | 34,927,000 |
| Provision for loan losses | -296,000 | -316,000 | -182,000 | -57,000 |
| Pretax income | 8,588,000 | 17,915,000 | 28,033,000 | 39,455,000 |
| Income tax | 1,821,000 | 3,859,000 | 5,983,000 | 8,420,000 |
| Net income | 6,767,000 | 14,056,000 | 22,050,000 | 31,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 198,353,000 | 205,649,000 | 213,091,000 | 232,106,000 |
| Total capital | 218,998,000 | 222,451,000 | 230,049,000 | 249,178,000 |
| Risk-weighted assets | 1,799,511,000 | 1,878,891,000 | 2,011,272,000 | 2,076,476,000 |