Call reports 2018
STATE BANK OF DANVERS — 2018
What STATE BANK OF DANVERS reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 45,748,000 | 48,737,000 | 46,925,000 | 50,695,000 |
| Total loans | 19,390,000 | 20,860,000 | 20,236,000 | 21,672,000 |
| Allowance for loan losses | 497,000 | 554,000 | 526,000 | 526,000 |
| Securities available for sale | 17,321,000 | 18,564,000 | 18,302,000 | 17,822,000 |
| Securities held to maturity | 13,000 | 12,000 | 11,000 | 10,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,427,000 | 42,325,000 | 40,410,000 | 43,805,000 |
| Interest-bearing deposits | 31,661,000 | 32,415,000 | 32,511,000 | 34,219,000 |
| Noninterest-bearing deposits | 7,766,000 | 9,910,000 | 7,899,000 | 9,586,000 |
| Equity capital | 5,184,000 | 5,245,000 | 5,319,000 | 5,655,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 377,000 | 816,000 | 1,248,000 | 1,685,000 |
| Interest expense | 32,000 | 67,000 | 105,000 | 143,000 |
| Net interest income | 345,000 | 749,000 | 1,143,000 | 1,542,000 |
| Noninterest income | 25,000 | 52,000 | 80,000 | 113,000 |
| Noninterest expense | 246,000 | 459,000 | 674,000 | 898,000 |
| Provision for loan losses | 0 | 0 | -50,000 | -50,000 |
| Pretax income | 124,000 | 342,000 | 599,000 | 807,000 |
| Income tax | 0 | 0 | 1,000 | 0 |
| Net income | 124,000 | 342,000 | 598,000 | 807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,510,000 | 5,572,000 | 5,705,000 | 5,913,000 |
| Total capital | 5,859,000 | 5,934,000 | 6,056,000 | 6,279,000 |
| Risk-weighted assets | 27,767,000 | 28,766,000 | 27,932,000 | 29,092,000 |