Call reports 2018
ESSEX BANK — 2018
What ESSEX BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 379,660,000 | 389,973,000 | 393,266,000 | 394,564,000 |
| Total loans | 310,530,000 | 315,120,000 | 319,162,000 | 318,922,000 |
| Allowance for loan losses | 2,302,000 | 2,332,000 | 2,362,000 | 2,407,000 |
| Securities available for sale | 990,000 | 987,000 | 984,000 | 990,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 325,741,000 | 333,901,000 | 336,048,000 | 336,721,000 |
| Interest-bearing deposits | 232,153,000 | 236,702,000 | 233,752,000 | 233,522,000 |
| Noninterest-bearing deposits | 93,588,000 | 97,199,000 | 102,296,000 | 103,199,000 |
| Equity capital | 47,118,000 | 47,832,000 | 48,882,000 | 49,516,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,373,000 | 6,868,000 | 10,462,000 | 14,159,000 |
| Interest expense | 173,000 | 366,000 | 586,000 | 852,000 |
| Net interest income | 3,200,000 | 6,502,000 | 9,876,000 | 13,307,000 |
| Noninterest income | 5,186,000 | 10,349,000 | 15,589,000 | 20,713,000 |
| Noninterest expense | 7,608,000 | 15,014,000 | 22,984,000 | 30,545,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 135,000 |
| Pretax income | 748,000 | 1,777,000 | 2,391,000 | 3,340,000 |
| Income tax | 228,000 | 541,000 | 598,000 | 917,000 |
| Net income | 520,000 | 1,236,000 | 1,793,000 | 2,423,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,620,000 | 37,336,000 | 38,263,000 | 38,893,000 |
| Total capital | 38,922,000 | 39,668,000 | 40,625,000 | 41,300,000 |
| Risk-weighted assets | 247,237,000 | 248,115,000 | 253,318,000 | 249,075,000 |