Call reports 2017
BEVERLY BANK — 2017
What BEVERLY 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 | 415,202,000 | 436,401,000 | 447,529,000 | 447,075,000 |
| Total loans | 360,079,000 | 366,649,000 | 369,042,000 | 375,525,000 |
| Allowance for loan losses | 4,067,000 | 4,091,000 | 4,118,000 | 4,101,000 |
| Securities available for sale | 27,354,000 | 33,460,000 | 35,649,000 | 41,821,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 362,098,000 | 381,942,000 | 393,805,000 | 375,687,000 |
| Interest-bearing deposits | 281,122,000 | 293,042,000 | 308,862,000 | 291,668,000 |
| Noninterest-bearing deposits | 80,976,000 | 88,900,000 | 84,943,000 | 84,019,000 |
| Equity capital | 37,548,000 | 38,155,000 | 38,924,000 | 39,126,000 |
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 | 3,952,000 | 8,046,000 | 12,304,000 | 16,686,000 |
| Interest expense | 626,000 | 1,285,000 | 1,970,000 | 2,703,000 |
| Net interest income | 3,326,000 | 6,761,000 | 10,334,000 | 13,983,000 |
| Noninterest income | 391,000 | 684,000 | 1,077,000 | 1,527,000 |
| Noninterest expense | 2,874,000 | 5,683,000 | 8,495,000 | 11,395,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 813,000 | 1,702,000 | 2,907,000 | 4,083,000 |
| Income tax | 311,000 | 652,000 | 1,113,000 | 2,073,000 |
| Net income | 502,000 | 1,050,000 | 1,794,000 | 2,010,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,519,000 | 38,067,000 | 38,811,000 | 39,007,000 |
| Total capital | 41,425,000 | 42,038,000 | 42,853,000 | 43,094,000 |
| Risk-weighted assets | 312,320,000 | 317,596,000 | 323,284,000 | 326,979,000 |