Call reports 2005
STATE BANK OF DANVERS — 2005
What STATE BANK OF DANVERS reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 36,806,000 | 35,566,000 | 34,740,000 | 37,838,000 |
| Total loans | 21,073,000 | 22,411,000 | 23,180,000 | 22,077,000 |
| Allowance for loan losses | 649,000 | 704,000 | 708,000 | 650,000 |
| Securities available for sale | 10,046,000 | 9,884,000 | 9,254,000 | 9,410,000 |
| Securities held to maturity | 160,000 | 152,000 | 146,000 | 140,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,388,000 | 31,334,000 | 28,810,000 | 33,640,000 |
| Interest-bearing deposits | 27,352,000 | 26,435,000 | 24,954,000 | 26,870,000 |
| Noninterest-bearing deposits | 5,036,000 | 4,899,000 | 3,857,000 | 6,770,000 |
| Equity capital | 3,775,000 | 3,907,000 | 3,985,000 | 3,896,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 523,000 | 1,057,000 | 1,601,000 | 2,153,000 |
| Interest expense | 131,000 | 276,000 | 426,000 | 582,000 |
| Net interest income | 392,000 | 781,000 | 1,175,000 | 1,571,000 |
| Noninterest income | 25,000 | 32,000 | 54,000 | 66,000 |
| Noninterest expense | 279,000 | 530,000 | 795,000 | 1,204,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 138,000 | 283,000 | 434,000 | 433,000 |
| Income tax | 49,000 | 102,000 | 155,000 | 160,000 |
| Net income | 89,000 | 181,000 | 279,000 | 273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,873,000 | 3,965,000 | 4,063,000 | 4,007,000 |
| Total capital | 4,200,000 | 4,302,000 | 4,407,000 | 4,347,000 |
| Risk-weighted assets | 25,871,000 | 26,583,000 | 27,184,000 | 26,946,000 |