Call reports 2021
ESSEX BANK — 2021
What ESSEX BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Total assets | 1,698,657,000 | 1,754,081,000 | 1,771,169,000 |
| Total loans | 1,225,188,000 | 1,209,784,000 | 1,246,660,000 |
| Allowance for loan losses | 10,984,000 | 11,162,000 | 10,085,000 |
| Securities available for sale | 273,126,000 | 321,759,000 | 375,845,000 |
| Securities held to maturity | 20,271,000 | 19,824,000 | 19,052,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 1,439,744,000 | 1,490,578,000 | 1,500,551,000 |
| Interest-bearing deposits | 1,105,385,000 | 1,149,116,000 | 1,153,081,000 |
| Noninterest-bearing deposits | 334,359,000 | 341,462,000 | 347,470,000 |
| Equity capital | 175,988,000 | 181,956,000 | 186,328,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Interest income | 15,860,000 | 31,923,000 | 48,205,000 |
| Interest expense | 1,748,000 | 3,282,000 | 4,734,000 |
| Net interest income | 14,112,000 | 28,641,000 | 43,471,000 |
| Noninterest income | 1,823,000 | 3,981,000 | 5,612,000 |
| Noninterest expense | 8,813,000 | 18,415,000 | 27,590,000 |
| Provision for loan losses | -1,400,000 | -1,400,000 | -2,650,000 |
| Pretax income | 8,538,000 | 15,595,000 | 24,124,000 |
| Income tax | 1,746,000 | 3,123,000 | 4,927,000 |
| Net income | 6,792,000 | 12,472,000 | 19,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Tier 1 capital | 172,502,000 | 176,783,000 | 181,908,000 |
| Total capital | 183,143,000 | 187,602,000 | 191,650,000 |
| Risk-weighted assets | 1,324,323,000 | 1,329,741,000 | 1,403,851,000 |