Call reports 2004
ESSEX BANK — 2004
What ESSEX BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 234,681,000 | 237,051,000 | 232,155,000 | 236,691,000 |
| Total loans | 158,342,000 | 163,860,000 | 166,993,000 | 159,920,000 |
| Allowance for loan losses | 2,013,000 | 1,990,000 | 2,021,000 | 2,088,000 |
| Securities available for sale | 50,889,000 | 52,841,000 | 49,163,000 | 54,720,000 |
| Securities held to maturity | 0 | 0 | 0 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,453,000 | 203,592,000 | 202,694,000 | 207,112,000 |
| Interest-bearing deposits | 180,532,000 | 178,313,000 | 178,909,000 | 181,368,000 |
| Noninterest-bearing deposits | 24,921,000 | 25,279,000 | 23,785,000 | 25,744,000 |
| Equity capital | 27,491,000 | 26,695,000 | 28,136,000 | 28,215,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,152,000 | 6,337,000 | 9,725,000 | 12,985,000 |
| Interest expense | 843,000 | 1,690,000 | 2,548,000 | 3,419,000 |
| Net interest income | 2,309,000 | 4,647,000 | 7,177,000 | 9,566,000 |
| Noninterest income | 401,000 | 833,000 | 1,219,000 | 1,603,000 |
| Noninterest expense | 1,773,000 | 3,535,000 | 5,266,000 | 7,059,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 305,000 |
| Pretax income | 872,000 | 1,845,000 | 2,955,000 | 3,919,000 |
| Income tax | 199,000 | 433,000 | 665,000 | 898,000 |
| Net income | 673,000 | 1,412,000 | 2,290,000 | 3,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,066,000 | 25,486,000 | 26,396,000 | 26,758,000 |
| Total capital | 27,079,000 | 27,476,000 | 28,417,000 | 28,846,000 |
| Risk-weighted assets | 179,110,000 | 183,583,000 | 182,564,000 | 177,437,000 |