Call reports 2019
ESSEX BANK — 2019
What ESSEX BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,398,345,000 | 1,430,988,000 | 1,422,546,000 | 1,431,111,000 |
| Total loans | 1,035,181,000 | 1,060,787,000 | 1,068,480,000 | 1,091,352,000 |
| Allowance for loan losses | 8,817,000 | 8,975,000 | 8,549,000 | 8,585,000 |
| Securities available for sale | 200,094,000 | 211,904,000 | 190,159,000 | 186,969,000 |
| Securities held to maturity | 41,458,000 | 40,368,000 | 38,213,000 | 35,733,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,170,059,000 | 1,217,953,000 | 1,178,666,000 | 1,164,259,000 |
| Interest-bearing deposits | 1,002,415,000 | 1,035,809,000 | 994,241,000 | 984,864,000 |
| Noninterest-bearing deposits | 167,644,000 | 182,144,000 | 184,425,000 | 179,395,000 |
| Equity capital | 144,310,000 | 149,563,000 | 155,096,000 | 158,506,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 15,806,000 | 31,714,000 | 49,171,000 | 65,448,000 |
| Interest expense | 3,621,000 | 7,468,000 | 11,453,000 | 15,264,000 |
| Net interest income | 12,185,000 | 24,246,000 | 37,718,000 | 50,184,000 |
| Noninterest income | 1,235,000 | 2,525,000 | 4,254,000 | 5,832,000 |
| Noninterest expense | 8,932,000 | 17,891,000 | 27,271,000 | 35,982,000 |
| Provision for loan losses | 0 | 125,000 | 125,000 | 325,000 |
| Pretax income | 4,474,000 | 8,979,000 | 14,850,000 | 19,944,000 |
| Income tax | 830,000 | 1,655,000 | 2,779,000 | 3,692,000 |
| Net income | 3,644,000 | 7,324,000 | 12,071,000 | 16,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 143,933,000 | 147,613,000 | 152,359,000 | 156,541,000 |
| Total capital | 152,407,000 | 156,245,000 | 160,565,000 | 164,783,000 |
| Risk-weighted assets | 1,131,164,000 | 1,159,310,000 | 1,165,115,000 | 1,189,214,000 |