Call reports 2006
ESSEX BANK — 2006
What ESSEX BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 268,420,000 | 270,418,000 | 277,575,000 | 280,900,000 |
| Total loans | 190,939,000 | 188,526,000 | 189,816,000 | 196,891,000 |
| Allowance for loan losses | 2,346,000 | 2,388,000 | 2,366,000 | 2,400,000 |
| Securities available for sale | 51,394,000 | 50,803,000 | 53,609,000 | 55,619,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,052,000 | 223,827,000 | 232,297,000 | 230,990,000 |
| Interest-bearing deposits | 191,951,000 | 196,284,000 | 202,270,000 | 203,056,000 |
| Noninterest-bearing deposits | 28,101,000 | 27,543,000 | 30,027,000 | 27,934,000 |
| Equity capital | 30,314,000 | 30,534,000 | 31,662,000 | 31,485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,951,000 | 8,154,000 | 12,444,000 | 16,866,000 |
| Interest expense | 1,389,000 | 2,969,000 | 4,695,000 | 6,633,000 |
| Net interest income | 2,562,000 | 5,185,000 | 7,749,000 | 10,233,000 |
| Noninterest income | 423,000 | 904,000 | 1,367,000 | 2,323,000 |
| Noninterest expense | 1,823,000 | 3,840,000 | 5,841,000 | 8,077,000 |
| Provision for loan losses | 100,000 | 125,000 | 125,000 | 125,000 |
| Pretax income | 1,041,000 | 2,106,000 | 3,131,000 | 4,341,000 |
| Income tax | 227,000 | 438,000 | 672,000 | 990,000 |
| Net income | 814,000 | 1,668,000 | 2,459,000 | 3,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,142,000 | 30,578,000 | 31,400,000 | 31,874,000 |
| Total capital | 32,083,000 | 32,561,000 | 33,361,000 | 33,869,000 |
| Risk-weighted assets | 211,567,000 | 212,280,000 | 204,804,000 | 210,822,000 |