Call reports 2019
BEVERLY BANK — 2019
What BEVERLY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Total assets | 498,541,000 | 507,936,000 | 502,198,000 |
| Total loans | 434,311,000 | 439,224,000 | 443,011,000 |
| Allowance for loan losses | 4,287,000 | 4,344,000 | 4,384,000 |
| Securities available for sale | 34,937,000 | 31,840,000 | 29,816,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 426,882,000 | 429,857,000 | 434,440,000 |
| Interest-bearing deposits | 337,181,000 | 334,539,000 | 342,917,000 |
| Noninterest-bearing deposits | 89,701,000 | 95,318,000 | 91,523,000 |
| Equity capital | 42,674,000 | 43,345,000 | 43,453,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Interest income | 5,159,000 | 10,515,000 | 15,520,000 |
| Interest expense | 1,313,000 | 2,735,000 | 4,188,000 |
| Net interest income | 3,846,000 | 7,780,000 | 11,332,000 |
| Noninterest income | 384,000 | 729,000 | 1,113,000 |
| Noninterest expense | 3,163,000 | 6,876,000 | 10,729,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 |
| Pretax income | 1,193,000 | 1,788,000 | 1,846,000 |
| Income tax | 315,000 | 474,000 | 468,000 |
| Net income | 878,000 | 1,314,000 | 1,378,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Tier 1 capital | 42,612,000 | 42,958,000 | 42,932,000 |
| Total capital | 46,899,000 | 47,302,000 | 47,316,000 |
| Risk-weighted assets | 377,548,000 | 383,358,000 | 380,177,000 |