Call reports 2001
ESSEX BANK — 2001
What ESSEX BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 197,282,000 | 198,470,000 | 203,003,000 | 216,797,000 |
| Total loans | 144,903,000 | 148,374,000 | 147,973,000 | 154,867,000 |
| Allowance for loan losses | 1,878,000 | 1,937,000 | 1,951,000 | 2,084,000 |
| Securities available for sale | 32,487,000 | 34,572,000 | 35,682,000 | 38,136,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,717,000 | 165,754,000 | 171,600,000 | 188,595,000 |
| Interest-bearing deposits | 150,238,000 | 149,091,000 | 154,855,000 | 170,486,000 |
| Noninterest-bearing deposits | 16,479,000 | 16,663,000 | 16,745,000 | 18,109,000 |
| Equity capital | 18,000,000 | 18,181,000 | 18,882,000 | 18,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,779,000 | 7,458,000 | 11,072,000 | 14,936,000 |
| Interest expense | 2,013,000 | 3,964,000 | 5,795,000 | 7,482,000 |
| Net interest income | 1,766,000 | 3,494,000 | 5,277,000 | 7,454,000 |
| Noninterest income | 241,000 | 540,000 | 789,000 | 1,021,000 |
| Noninterest expense | 1,391,000 | 2,724,000 | 4,010,000 | 5,485,000 |
| Provision for loan losses | 60,000 | 150,000 | 200,000 | 390,000 |
| Pretax income | 559,000 | 1,160,000 | 1,856,000 | 2,602,000 |
| Income tax | 132,000 | 271,000 | 451,000 | 604,000 |
| Net income | 427,000 | 889,000 | 1,405,000 | 1,998,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,980,000 | 16,447,000 | 16,891,000 | 17,210,000 |
| Total capital | 17,858,000 | 18,384,000 | 18,842,000 | 19,294,000 |
| Risk-weighted assets | 159,521,000 | 160,504,000 | 165,835,000 | 174,553,000 |