Call reports 2022
BANKWELL BANK — 2022
What BANKWELL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,493,815,000 | 2,432,649,000 | 2,720,050,000 | 3,249,463,000 |
| Total loans | 1,981,708,000 | 2,052,399,000 | 2,281,598,000 | 2,668,815,000 |
| Allowance for loan losses | 17,141,000 | 15,773,000 | 18,167,000 | 22,431,000 |
| Securities available for sale | 98,734,000 | 94,907,000 | 95,095,000 | 103,663,000 |
| Securities held to maturity | 15,978,000 | 15,917,000 | 16,027,000 | 15,983,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,170,062,000 | 2,040,221,000 | 2,304,156,000 | 2,810,253,000 |
| Interest-bearing deposits | 1,756,989,000 | 1,667,550,000 | 1,923,760,000 | 2,405,694,000 |
| Noninterest-bearing deposits | 413,073,000 | 372,671,000 | 380,396,000 | 404,559,000 |
| Equity capital | 240,784,000 | 253,126,000 | 283,172,000 | 297,723,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 22,301,000 | 48,667,000 | 78,352,000 | 117,946,000 |
| Interest expense | 2,483,000 | 4,709,000 | 9,239,000 | 21,162,000 |
| Net interest income | 19,818,000 | 43,958,000 | 69,113,000 | 96,784,000 |
| Noninterest income | 1,044,000 | 2,166,000 | 2,730,000 | 3,252,000 |
| Noninterest expense | 8,811,000 | 18,459,000 | 28,238,000 | 39,647,000 |
| Provision for loan losses | 229,000 | -1,216,000 | 1,165,000 | 5,437,000 |
| Pretax income | 11,737,000 | 28,825,000 | 42,223,000 | 54,740,000 |
| Income tax | 2,506,000 | 6,305,000 | 9,112,000 | 12,089,000 |
| Net income | 9,231,000 | 22,520,000 | 33,111,000 | 42,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 241,346,000 | 249,640,000 | 280,269,000 | 294,926,000 |
| Total capital | 258,522,000 | 265,473,000 | 298,496,000 | 317,437,000 |
| Risk-weighted assets | 2,154,623,000 | 2,248,997,000 | 2,454,806,000 | 2,916,886,000 |