Call reports 2007
STATE BANK OF DANVERS — 2007
What STATE BANK OF DANVERS reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 37,200,000 | 37,119,000 | 36,448,000 | 37,952,000 |
| Total loans | 24,476,000 | 26,626,000 | 26,135,000 | 24,373,000 |
| Allowance for loan losses | 727,000 | 786,000 | 787,000 | 787,000 |
| Securities available for sale | 7,484,000 | 7,414,000 | 7,511,000 | 8,193,000 |
| Securities held to maturity | 354,000 | 351,000 | 349,000 | 322,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,682,000 | 31,367,000 | 31,461,000 | 33,332,000 |
| Interest-bearing deposits | 27,405,000 | 26,747,000 | 26,180,000 | 26,799,000 |
| Noninterest-bearing deposits | 5,277,000 | 4,620,000 | 5,281,000 | 6,532,000 |
| Equity capital | 4,122,000 | 4,115,000 | 4,270,000 | 4,238,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 624,000 | 1,286,000 | 1,969,000 | 2,582,000 |
| Interest expense | 250,000 | 503,000 | 752,000 | 985,000 |
| Net interest income | 374,000 | 783,000 | 1,217,000 | 1,597,000 |
| Noninterest income | 26,000 | 44,000 | 68,000 | 81,000 |
| Noninterest expense | 275,000 | 532,000 | 826,000 | 1,247,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 124,000 | 294,000 | 458,000 | 430,000 |
| Income tax | 39,000 | 93,000 | 143,000 | 187,000 |
| Net income | 85,000 | 201,000 | 315,000 | 243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,173,000 | 4,183,000 | 4,296,000 | 4,224,000 |
| Total capital | 4,530,000 | 4,561,000 | 4,669,000 | 4,611,000 |
| Risk-weighted assets | 28,153,000 | 29,811,000 | 29,428,000 | 30,526,000 |