Call reports 2021
STATE BANK OF DANVERS — 2021
What STATE BANK OF DANVERS reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 62,746,000 | 62,550,000 | 63,081,000 | 65,661,000 |
| Total loans | 17,659,000 | 16,374,000 | 16,314,000 | 18,728,000 |
| Allowance for loan losses | 493,000 | 493,000 | 493,000 | 493,000 |
| Securities available for sale | 22,988,000 | 26,208,000 | 26,158,000 | 29,188,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,379,000 | 54,339,000 | 54,950,000 | 57,559,000 |
| Interest-bearing deposits | 41,664,000 | 42,257,000 | 43,933,000 | 45,958,000 |
| Noninterest-bearing deposits | 12,715,000 | 12,082,000 | 11,017,000 | 11,601,000 |
| Equity capital | 6,811,000 | 7,062,000 | 6,996,000 | 6,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 357,000 | 901,000 | 1,243,000 | 1,566,000 |
| Interest expense | 39,000 | 78,000 | 116,000 | 155,000 |
| Net interest income | 318,000 | 823,000 | 1,127,000 | 1,411,000 |
| Noninterest income | 26,000 | 54,000 | 84,000 | 115,000 |
| Noninterest expense | 217,000 | 434,000 | 658,000 | 877,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 137,000 | 452,000 | 567,000 | 669,000 |
| Income tax | 0 | 0 | 43,000 | 60,000 |
| Net income | 137,000 | 452,000 | 524,000 | 609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,365,000 | 6,610,000 | 6,563,000 | 6,647,000 |
| Total capital | 6,689,000 | 6,938,000 | 6,916,000 | 7,032,000 |
| Risk-weighted assets | 25,753,000 | 26,098,000 | 28,138,000 | 30,730,000 |