Call reports 2017
ESSEX BANK — 2017
What ESSEX BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 369,367,000 | 372,892,000 | 375,892,000 | 385,994,000 |
| Total loans | 302,581,000 | 303,777,000 | 310,436,000 | 307,611,000 |
| Allowance for loan losses | 2,258,000 | 2,288,000 | 2,242,000 | 2,272,000 |
| Securities available for sale | 1,010,000 | 1,010,000 | 1,008,000 | 998,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 317,257,000 | 319,724,000 | 322,054,000 | 333,141,000 |
| Interest-bearing deposits | 230,654,000 | 231,670,000 | 229,673,000 | 232,662,000 |
| Noninterest-bearing deposits | 86,603,000 | 88,054,000 | 92,381,000 | 100,479,000 |
| Equity capital | 44,365,000 | 45,088,000 | 45,687,000 | 46,605,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,195,000 | 6,457,000 | 9,789,000 | 13,196,000 |
| Interest expense | 214,000 | 408,000 | 597,000 | 787,000 |
| Net interest income | 2,981,000 | 6,049,000 | 9,192,000 | 12,409,000 |
| Noninterest income | 5,196,000 | 10,667,000 | 15,733,000 | 21,044,000 |
| Noninterest expense | 7,352,000 | 14,710,000 | 21,930,000 | 29,203,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 795,000 | 1,946,000 | 2,905,000 | 4,130,000 |
| Income tax | 298,000 | 726,000 | 1,084,000 | 1,749,000 |
| Net income | 497,000 | 1,220,000 | 1,821,000 | 2,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,453,000 | 34,176,000 | 34,777,000 | 35,728,000 |
| Total capital | 35,711,000 | 36,464,000 | 37,019,000 | 38,000,000 |
| Risk-weighted assets | 232,256,000 | 234,898,000 | 242,443,000 | 241,221,000 |