Call reports 2018
ESSEX BANK — 2018
What ESSEX BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,353,089,000 | 1,353,726,000 | 1,350,259,000 | 1,393,009,000 |
| Total loans | 1,006,526,000 | 1,007,272,000 | 1,001,569,000 | 1,032,136,000 |
| Allowance for loan losses | 9,168,000 | 9,289,000 | 9,130,000 | 9,139,000 |
| Securities available for sale | 202,165,000 | 199,163,000 | 200,603,000 | 206,726,000 |
| Securities held to maturity | 44,534,000 | 43,989,000 | 43,559,000 | 42,108,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,098,241,000 | 1,125,987,000 | 1,136,074,000 | 1,167,300,000 |
| Interest-bearing deposits | 946,283,000 | 971,944,000 | 975,034,000 | 999,889,000 |
| Noninterest-bearing deposits | 151,958,000 | 154,043,000 | 161,040,000 | 167,411,000 |
| Equity capital | 127,076,000 | 130,483,000 | 133,508,000 | 139,010,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 14,078,000 | 28,588,000 | 43,735,000 | 59,241,000 |
| Interest expense | 2,562,000 | 5,371,000 | 8,479,000 | 11,838,000 |
| Net interest income | 11,516,000 | 23,217,000 | 35,256,000 | 47,403,000 |
| Noninterest income | 1,179,000 | 2,411,000 | 3,676,000 | 4,977,000 |
| Noninterest expense | 9,453,000 | 17,633,000 | 25,959,000 | 35,109,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,272,000 | 8,009,000 | 13,055,000 | 17,341,000 |
| Income tax | 568,000 | 1,409,000 | 2,382,000 | 3,197,000 |
| Net income | 2,704,000 | 6,600,000 | 10,673,000 | 14,144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,850,000 | 132,746,000 | 136,819,000 | 140,289,000 |
| Total capital | 137,675,000 | 141,692,000 | 145,606,000 | 149,085,000 |
| Risk-weighted assets | 1,108,253,000 | 1,084,608,000 | 1,082,776,000 | 1,117,614,000 |