Call reports 2004
STATE BANK OF DANVERS — 2004
What STATE BANK OF DANVERS reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 39,188,000 | 37,982,000 | 38,379,000 | 38,174,000 |
| Total loans | 21,220,000 | 23,110,000 | 23,944,000 | 22,829,000 |
| Allowance for loan losses | 669,000 | 549,000 | 588,000 | 597,000 |
| Securities available for sale | 11,956,000 | 11,025,000 | 10,797,000 | 10,492,000 |
| Securities held to maturity | 223,000 | 200,000 | 185,000 | 171,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,330,000 | 33,027,000 | 31,759,000 | 33,801,000 |
| Interest-bearing deposits | 27,903,000 | 27,678,000 | 27,774,000 | 27,381,000 |
| Noninterest-bearing deposits | 6,427,000 | 5,349,000 | 3,985,000 | 6,420,000 |
| Equity capital | 4,007,000 | 3,999,000 | 4,140,000 | 4,102,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 592,000 | 1,122,000 | 1,651,000 | 2,165,000 |
| Interest expense | 131,000 | 259,000 | 386,000 | 512,000 |
| Net interest income | 461,000 | 863,000 | 1,265,000 | 1,653,000 |
| Noninterest income | 20,000 | 40,000 | 45,000 | 50,000 |
| Noninterest expense | 265,000 | 503,000 | 770,000 | 1,198,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 216,000 | 400,000 | 540,000 | 505,000 |
| Income tax | 80,000 | 121,000 | 200,000 | 170,000 |
| Net income | 136,000 | 279,000 | 340,000 | 335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,919,000 | 4,062,000 | 4,124,000 | 4,119,000 |
| Total capital | 4,252,000 | 4,413,000 | 4,480,000 | 4,469,000 |
| Risk-weighted assets | 26,348,000 | 27,877,000 | 28,271,000 | 27,729,000 |