Call reports 2015
ESSEX BANK — 2015
What ESSEX BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,137,359,000 | 1,158,756,000 | 1,148,740,000 | 1,180,040,000 |
| Total loans | 746,583,000 | 749,617,000 | 754,748,000 | 809,781,000 |
| Allowance for loan losses | 9,495,000 | 10,348,000 | 10,185,000 | 10,043,000 |
| Securities available for sale | 240,033,000 | 262,813,000 | 266,961,000 | 243,268,000 |
| Securities held to maturity | 37,840,000 | 38,465,000 | 38,732,000 | 36,478,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 921,195,000 | 953,297,000 | 938,088,000 | 949,200,000 |
| Interest-bearing deposits | 824,445,000 | 846,436,000 | 834,016,000 | 849,303,000 |
| Noninterest-bearing deposits | 96,750,000 | 106,861,000 | 104,072,000 | 99,897,000 |
| Equity capital | 115,541,000 | 114,893,000 | 108,640,000 | 110,135,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 11,650,000 | 23,981,000 | 35,705,000 | 47,553,000 |
| Interest expense | 1,738,000 | 3,491,000 | 5,258,000 | 7,037,000 |
| Net interest income | 9,912,000 | 20,490,000 | 30,447,000 | 40,516,000 |
| Noninterest income | 1,066,000 | 2,214,000 | 2,612,000 | 3,639,000 |
| Noninterest expense | 9,400,000 | 18,689,000 | 40,860,000 | 48,965,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,875,000 | 4,304,000 | -7,438,000 | -4,338,000 |
| Income tax | 423,000 | 1,024,000 | -3,128,000 | -2,363,000 |
| Net income | 1,452,000 | 3,280,000 | -4,310,000 | -1,975,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,033,000 | 114,988,000 | 107,525,000 | 109,983,000 |
| Total capital | 122,185,000 | 124,977,000 | 117,367,000 | 119,683,000 |
| Risk-weighted assets | 800,001,000 | 826,587,000 | 855,462,000 | 897,373,000 |