Call reports 2017
ESSEX BANK — 2017
What ESSEX BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,262,576,000 | 1,290,266,000 | 1,293,839,000 | 1,335,998,000 |
| Total loans | 901,964,000 | 912,436,000 | 935,431,000 | 986,351,000 |
| Allowance for loan losses | 9,713,000 | 9,689,000 | 8,867,000 | 9,169,000 |
| Securities available for sale | 213,713,000 | 212,343,000 | 210,447,000 | 204,834,000 |
| Securities held to maturity | 46,500,000 | 46,914,000 | 46,460,000 | 46,146,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,053,844,000 | 1,084,332,000 | 1,079,896,000 | 1,097,471,000 |
| Interest-bearing deposits | 923,630,000 | 944,414,000 | 933,054,000 | 942,736,000 |
| Noninterest-bearing deposits | 130,214,000 | 139,918,000 | 146,842,000 | 154,735,000 |
| Equity capital | 120,475,000 | 124,190,000 | 126,743,000 | 126,189,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 12,949,000 | 26,166,000 | 39,557,000 | 53,316,000 |
| Interest expense | 2,027,000 | 4,228,000 | 6,547,000 | 9,010,000 |
| Net interest income | 10,922,000 | 21,938,000 | 33,010,000 | 44,306,000 |
| Noninterest income | 1,094,000 | 2,247,000 | 3,369,000 | 4,531,000 |
| Noninterest expense | 8,404,000 | 16,859,000 | 25,483,000 | 33,869,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 550,000 |
| Pretax income | 3,707,000 | 7,458,000 | 10,926,000 | 14,628,000 |
| Income tax | 1,120,000 | 1,868,000 | 2,830,000 | 7,087,000 |
| Net income | 2,587,000 | 5,590,000 | 8,096,000 | 7,541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,977,000 | 124,159,000 | 126,697,000 | 126,146,000 |
| Total capital | 130,347,000 | 133,505,000 | 135,221,000 | 134,972,000 |
| Risk-weighted assets | 994,250,000 | 1,002,021,000 | 1,021,685,000 | 1,077,713,000 |