Call reports 2005
ESSEX BANK — 2005
What ESSEX BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 234,813,000 | 252,566,000 | 258,872,000 | 261,329,000 |
| Total loans | 162,232,000 | 174,319,000 | 180,316,000 | 182,457,000 |
| Allowance for loan losses | 2,192,000 | 2,235,000 | 2,231,000 | 2,249,000 |
| Securities available for sale | 53,612,000 | 55,606,000 | 54,413,000 | 52,093,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 204,951,000 | 213,111,000 | 217,862,000 | 223,269,000 |
| Interest-bearing deposits | 179,059,000 | 183,131,000 | 188,221,000 | 192,346,000 |
| Noninterest-bearing deposits | 25,892,000 | 29,980,000 | 29,641,000 | 30,923,000 |
| Equity capital | 28,409,000 | 28,965,000 | 29,772,000 | 29,711,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,321,000 | 6,828,000 | 10,575,000 | 14,484,000 |
| Interest expense | 862,000 | 1,817,000 | 2,949,000 | 4,205,000 |
| Net interest income | 2,459,000 | 5,011,000 | 7,626,000 | 10,279,000 |
| Noninterest income | 387,000 | 779,000 | 1,211,000 | 1,708,000 |
| Noninterest expense | 1,776,000 | 3,614,000 | 5,501,000 | 7,503,000 |
| Provision for loan losses | 80,000 | 155,000 | 160,000 | 240,000 |
| Pretax income | 995,000 | 2,029,000 | 3,184,000 | 4,247,000 |
| Income tax | 216,000 | 445,000 | 685,000 | 965,000 |
| Net income | 779,000 | 1,584,000 | 2,499,000 | 3,282,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,569,000 | 27,985,000 | 28,932,000 | 29,297,000 |
| Total capital | 29,761,000 | 29,831,000 | 30,774,000 | 31,141,000 |
| Risk-weighted assets | 176,812,000 | 192,594,000 | 199,569,000 | 202,561,000 |