Call reports 2016
STATE BANK OF DANVERS — 2016
What STATE BANK OF DANVERS reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 46,940,000 | 48,502,000 | 47,369,000 | 49,134,000 |
| Total loans | 19,568,000 | 20,909,000 | 21,045,000 | 22,797,000 |
| Allowance for loan losses | 514,000 | 446,000 | 446,000 | 447,000 |
| Securities available for sale | 18,729,000 | 17,529,000 | 18,270,000 | 18,978,000 |
| Securities held to maturity | 22,000 | 21,000 | 20,000 | 18,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,958,000 | 41,543,000 | 40,893,000 | 42,808,000 |
| Interest-bearing deposits | 32,641,000 | 34,555,000 | 34,494,000 | 34,352,000 |
| Noninterest-bearing deposits | 7,317,000 | 6,988,000 | 6,399,000 | 8,456,000 |
| Equity capital | 5,675,000 | 5,805,000 | 5,300,000 | 5,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 340,000 | 717,000 | 1,082,000 | 1,452,000 |
| Interest expense | 47,000 | 74,000 | 101,000 | 128,000 |
| Net interest income | 293,000 | 643,000 | 981,000 | 1,324,000 |
| Noninterest income | 25,000 | 42,000 | 70,000 | 93,000 |
| Noninterest expense | 274,000 | 502,000 | 733,000 | 962,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 44,000 | 183,000 | 318,000 | 455,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 44,000 | 182,000 | 317,000 | 454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,593,000 | 5,674,000 | 5,230,000 | 5,367,000 |
| Total capital | 5,949,000 | 6,021,000 | 5,593,000 | 5,755,000 |
| Risk-weighted assets | 28,317,000 | 27,644,000 | 28,919,000 | 30,953,000 |