Call reports 2011
ESSEX BANK — 2011
What ESSEX BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,084,468,000 | 1,064,196,000 | 1,071,682,000 | 1,091,224,000 |
| Total loans | 622,605,000 | 605,453,000 | 605,210,000 | 642,860,000 |
| Allowance for loan losses | 22,371,000 | 17,631,000 | 16,539,000 | 15,611,000 |
| Securities available for sale | 213,347,000 | 232,278,000 | 216,545,000 | 232,764,000 |
| Securities held to maturity | 77,793,000 | 72,388,000 | 68,342,000 | 64,422,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 930,382,000 | 911,028,000 | 916,058,000 | 934,012,000 |
| Interest-bearing deposits | 865,413,000 | 845,980,000 | 847,587,000 | 868,538,000 |
| Noninterest-bearing deposits | 64,969,000 | 65,048,000 | 68,471,000 | 65,474,000 |
| Equity capital | 108,236,000 | 111,568,000 | 113,273,000 | 113,789,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 13,417,000 | 27,922,000 | 42,212,000 | 56,109,000 |
| Interest expense | 3,276,000 | 6,292,000 | 9,216,000 | 12,023,000 |
| Net interest income | 10,141,000 | 21,630,000 | 32,996,000 | 44,086,000 |
| Noninterest income | 653,000 | 1,709,000 | 1,661,000 | 2,462,000 |
| Noninterest expense | 11,794,000 | 23,416,000 | 34,421,000 | 45,495,000 |
| Provision for loan losses | 1,515,000 | 1,515,000 | 1,515,000 | 1,515,000 |
| Pretax income | -1,854,000 | -754,000 | 1,284,000 | 2,406,000 |
| Income tax | -778,000 | -497,000 | 64,000 | 367,000 |
| Net income | -1,076,000 | -257,000 | 1,220,000 | 2,039,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,125,000 | 93,066,000 | 94,874,000 | 94,947,000 |
| Total capital | 97,430,000 | 100,237,000 | 101,889,000 | 102,235,000 |
| Risk-weighted assets | 620,561,000 | 614,386,000 | 607,687,000 | 632,689,000 |