Call reports 2009
BANK OF EVERETT — 2009
What BANK OF EVERETT reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 44,628,000 | 45,731,000 | 44,232,000 | 43,876,000 |
| Total loans | 35,344,000 | 37,622,000 | 37,672,000 | 35,978,000 |
| Allowance for loan losses | 1,000,000 | 1,550,000 | 1,190,000 | 1,677,000 |
| Securities available for sale | 252,000 | 250,000 | 200,000 | 200,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,610,000 | 40,144,000 | 39,948,000 | 40,198,000 |
| Interest-bearing deposits | 34,267,000 | 36,773,000 | 35,799,000 | 34,665,000 |
| Noninterest-bearing deposits | 4,344,000 | 3,371,000 | 4,149,000 | 5,533,000 |
| Equity capital | 5,895,000 | 5,412,000 | 4,127,000 | 3,505,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 545,000 | 1,125,000 | 1,696,000 | 2,261,000 |
| Interest expense | 206,000 | 396,000 | 577,000 | 741,000 |
| Net interest income | 339,000 | 729,000 | 1,119,000 | 1,520,000 |
| Noninterest income | 36,000 | 67,000 | 93,000 | 123,000 |
| Noninterest expense | 471,000 | 935,000 | 1,395,000 | 1,921,000 |
| Provision for loan losses | 328,000 | 1,015,000 | 679,000 | 1,206,000 |
| Pretax income | -424,000 | -1,154,000 | -862,000 | -1,484,000 |
| Income tax | -143,000 | -391,000 | 1,186,000 | 1,186,000 |
| Net income | -281,000 | -763,000 | -2,048,000 | -2,670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,565,000 | 3,835,000 | 4,127,000 | 3,505,000 |
| Total capital | 5,025,000 | 4,308,000 | 4,591,000 | 3,947,000 |
| Risk-weighted assets | 36,238,000 | 36,728,000 | 36,407,000 | 34,087,000 |