Call reports 2015
ESSEX BANK — 2015
What ESSEX BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 330,105,000 | 341,089,000 | 351,497,000 | 352,390,000 |
| Total loans | 256,141,000 | 272,955,000 | 280,740,000 | 281,753,000 |
| Allowance for loan losses | 2,110,000 | 2,110,000 | 2,110,000 | 2,110,000 |
| Securities available for sale | 1,024,000 | 1,013,000 | 1,031,000 | 1,014,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 282,301,000 | 284,201,000 | 286,400,000 | 292,898,000 |
| Interest-bearing deposits | 211,365,000 | 211,432,000 | 212,674,000 | 211,921,000 |
| Noninterest-bearing deposits | 70,936,000 | 72,769,000 | 73,726,000 | 80,977,000 |
| Equity capital | 41,358,000 | 41,865,000 | 41,955,000 | 41,692,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,817,000 | 5,745,000 | 8,766,000 | 11,784,000 |
| Interest expense | 311,000 | 601,000 | 897,000 | 1,191,000 |
| Net interest income | 2,506,000 | 5,144,000 | 7,869,000 | 10,593,000 |
| Noninterest income | 5,046,000 | 10,469,000 | 15,550,000 | 20,761,000 |
| Noninterest expense | 7,265,000 | 14,494,000 | 22,130,000 | 29,565,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 287,000 | 1,119,000 | 1,289,000 | 1,789,000 |
| Income tax | 104,000 | 422,000 | 509,000 | 704,000 |
| Net income | 183,000 | 697,000 | 780,000 | 1,085,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,912,000 | 30,426,000 | 30,509,000 | 30,814,000 |
| Total capital | 32,022,000 | 32,536,000 | 32,619,000 | 32,924,000 |
| Risk-weighted assets | 198,410,000 | 206,461,000 | 209,990,000 | 216,443,000 |