Call reports 2019
STATE BANK OF DANVERS — 2019
What STATE BANK OF DANVERS reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 45,089,000 | 46,622,000 | 46,201,000 | 50,395,000 |
| Total loans | 20,055,000 | 21,700,000 | 22,123,000 | 22,915,000 |
| Allowance for loan losses | 570,000 | 525,000 | 477,000 | 497,000 |
| Securities available for sale | 14,960,000 | 17,826,000 | 16,849,000 | 17,847,000 |
| Securities held to maturity | 10,000 | 9,000 | 8,000 | 7,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,162,000 | 35,597,000 | 38,376,000 | 42,676,000 |
| Interest-bearing deposits | 30,472,000 | 28,748,000 | 30,659,000 | 34,033,000 |
| Noninterest-bearing deposits | 7,690,000 | 6,849,000 | 7,717,000 | 8,643,000 |
| Equity capital | 5,775,000 | 5,975,000 | 6,155,000 | 6,465,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 441,000 | 912,000 | 1,380,000 | 1,970,000 |
| Interest expense | 45,000 | 102,000 | 167,000 | 221,000 |
| Net interest income | 396,000 | 810,000 | 1,213,000 | 1,749,000 |
| Noninterest income | 24,000 | 93,000 | 120,000 | 149,000 |
| Noninterest expense | 219,000 | 436,000 | 695,000 | 941,000 |
| Provision for loan losses | 0 | -50,000 | -100,000 | -100,000 |
| Pretax income | 201,000 | 517,000 | 763,000 | 1,083,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 201,000 | 517,000 | 763,000 | 1,083,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,904,000 | 5,901,000 | 6,011,000 | 6,331,000 |
| Total capital | 6,250,000 | 6,271,000 | 6,379,000 | 6,714,000 |
| Risk-weighted assets | 27,442,000 | 29,417,000 | 29,373,000 | 30,488,000 |