Call reports 2016
BEVERLY BANK — 2016
What BEVERLY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 385,888,000 | 393,999,000 | 401,616,000 | 415,651,000 |
| Total loans | 328,938,000 | 347,657,000 | 353,126,000 | 349,498,000 |
| Allowance for loan losses | 4,013,000 | 4,048,000 | 4,044,000 | 4,037,000 |
| Securities available for sale | 20,616,000 | 20,766,000 | 22,183,000 | 25,691,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,105,000 | 344,391,000 | 351,277,000 | 364,082,000 |
| Interest-bearing deposits | 259,911,000 | 264,383,000 | 269,774,000 | 286,167,000 |
| Noninterest-bearing deposits | 77,194,000 | 80,008,000 | 81,503,000 | 77,915,000 |
| Equity capital | 35,135,000 | 35,682,000 | 36,356,000 | 36,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,634,000 | 7,403,000 | 11,328,000 | 15,335,000 |
| Interest expense | 558,000 | 1,131,000 | 1,711,000 | 2,323,000 |
| Net interest income | 3,076,000 | 6,272,000 | 9,617,000 | 13,012,000 |
| Noninterest income | 357,000 | 654,000 | 1,085,000 | 1,534,000 |
| Noninterest expense | 2,605,000 | 5,265,000 | 7,892,000 | 10,480,000 |
| Provision for loan losses | 45,000 | 90,000 | 90,000 | 90,000 |
| Pretax income | 797,000 | 1,585,000 | 2,775,000 | 4,031,000 |
| Income tax | 301,000 | 603,000 | 1,062,000 | 1,551,000 |
| Net income | 496,000 | 982,000 | 1,713,000 | 2,480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,033,000 | 35,520,000 | 36,250,000 | 37,017,000 |
| Total capital | 38,678,000 | 39,331,000 | 40,137,000 | 40,834,000 |
| Risk-weighted assets | 291,262,000 | 304,630,000 | 310,825,000 | 305,164,000 |