Call reports 2007
ESSEX BANK — 2007
What ESSEX BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 281,485,000 | 284,549,000 | 294,184,000 | 301,790,000 |
| Total loans | 199,375,000 | 207,082,000 | 216,172,000 | 222,046,000 |
| Allowance for loan losses | 2,405,000 | 2,362,000 | 2,672,000 | 2,595,000 |
| Securities available for sale | 54,048,000 | 50,286,000 | 48,947,000 | 52,115,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 233,816,000 | 232,300,000 | 240,996,000 | 244,587,000 |
| Interest-bearing deposits | 206,235,000 | 224,508,000 | 232,990,000 | 218,373,000 |
| Noninterest-bearing deposits | 27,581,000 | 7,792,000 | 8,006,000 | 26,214,000 |
| Equity capital | 31,867,000 | 32,050,000 | 33,015,000 | 33,653,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,445,000 | 9,110,000 | 13,889,000 | 18,557,000 |
| Interest expense | 2,014,000 | 4,054,000 | 6,156,000 | 8,347,000 |
| Net interest income | 2,431,000 | 5,056,000 | 7,733,000 | 10,210,000 |
| Noninterest income | 439,000 | 1,027,000 | 1,553,000 | 2,110,000 |
| Noninterest expense | 2,081,000 | 4,230,000 | 6,496,000 | 8,744,000 |
| Provision for loan losses | 0 | 0 | 6,000 | 6,000 |
| Pretax income | 790,000 | 1,850,000 | 2,742,000 | 3,533,000 |
| Income tax | 147,000 | 300,000 | 464,000 | 697,000 |
| Net income | 643,000 | 1,550,000 | 2,278,000 | 2,836,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,323,000 | 33,062,000 | 33,621,000 | 33,886,000 |
| Total capital | 34,323,000 | 35,019,000 | 35,888,000 | 36,076,000 |
| Risk-weighted assets | 212,573,000 | 217,210,000 | 226,559,000 | 230,182,000 |