Call reports 2012
ESSEX BANK — 2012
What ESSEX BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 1,101,267,000 | 1,114,434,000 | 1,110,763,000 | 1,151,821,000 |
| Total loans | 643,833,000 | 643,047,000 | 650,390,000 | 661,385,000 |
| Allowance for loan losses | 14,395,000 | 13,982,000 | 14,759,000 | 13,403,000 |
| Securities available for sale | 235,311,000 | 259,427,000 | 256,394,000 | 309,078,000 |
| Securities held to maturity | 59,117,000 | 53,207,000 | 48,689,000 | 42,283,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 944,464,000 | 954,274,000 | 941,210,000 | 975,156,000 |
| Interest-bearing deposits | 867,002,000 | 873,949,000 | 862,368,000 | 896,340,000 |
| Noninterest-bearing deposits | 77,462,000 | 80,325,000 | 78,842,000 | 78,816,000 |
| Equity capital | 113,735,000 | 115,612,000 | 115,246,000 | 117,176,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 13,819,000 | 27,949,000 | 40,822,000 | 53,737,000 |
| Interest expense | 2,654,000 | 5,204,000 | 7,494,000 | 9,511,000 |
| Net interest income | 11,165,000 | 22,745,000 | 33,328,000 | 44,226,000 |
| Noninterest income | 923,000 | 1,900,000 | 2,452,000 | 2,982,000 |
| Noninterest expense | 10,295,000 | 20,888,000 | 30,423,000 | 39,368,000 |
| Provision for loan losses | 250,000 | 750,000 | 750,000 | 1,200,000 |
| Pretax income | 1,427,000 | 3,180,000 | 5,960,000 | 8,132,000 |
| Income tax | 402,000 | 913,000 | 1,806,000 | 2,306,000 |
| Net income | 1,025,000 | 2,267,000 | 4,154,000 | 5,826,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,153,000 | 98,547,000 | 100,505,000 | 103,745,000 |
| Total capital | 103,594,000 | 106,082,000 | 108,158,000 | 111,687,000 |
| Risk-weighted assets | 636,855,000 | 641,121,000 | 646,447,000 | 662,140,000 |