Call reports 2017
STATE BANK OF DANVERS — 2017
What STATE BANK OF DANVERS reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 48,447,000 | 48,313,000 | 46,876,000 | 48,775,000 |
| Total loans | 19,971,000 | 20,871,000 | 20,601,000 | 22,933,000 |
| Allowance for loan losses | 472,000 | 483,000 | 483,000 | 492,000 |
| Securities available for sale | 20,025,000 | 21,064,000 | 20,536,000 | 19,300,000 |
| Securities held to maturity | 17,000 | 16,000 | 15,000 | 14,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,135,000 | 41,375,000 | 39,060,000 | 42,205,000 |
| Interest-bearing deposits | 34,080,000 | 34,533,000 | 31,892,000 | 33,530,000 |
| Noninterest-bearing deposits | 8,055,000 | 6,842,000 | 7,168,000 | 8,675,000 |
| Equity capital | 5,178,000 | 5,313,000 | 5,385,000 | 5,347,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 360,000 | 746,000 | 1,134,000 | 1,533,000 |
| Interest expense | 27,000 | 60,000 | 94,000 | 128,000 |
| Net interest income | 333,000 | 686,000 | 1,040,000 | 1,405,000 |
| Noninterest income | 22,000 | 49,000 | 81,000 | 111,000 |
| Noninterest expense | 232,000 | 458,000 | 689,000 | 934,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 123,000 | 277,000 | 432,000 | 582,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 123,000 | 277,000 | 432,000 | 581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,315,000 | 5,334,000 | 5,410,000 | 5,560,000 |
| Total capital | 5,680,000 | 5,707,000 | 5,769,000 | 5,935,000 |
| Risk-weighted assets | 29,127,000 | 29,733,000 | 28,582,000 | 29,884,000 |