Call reports 2004
MARBLEHEAD BANK — 2004
What MARBLEHEAD BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 185,911,000 | 191,342,000 | 185,251,000 | 187,951,000 |
| Total loans | 138,543,000 | 137,307,000 | 135,998,000 | 134,733,000 |
| Allowance for loan losses | 582,000 | 543,000 | 540,000 | 538,000 |
| Securities available for sale | 5,532,000 | 11,123,000 | 8,295,000 | 8,265,000 |
| Securities held to maturity | 15,995,000 | 20,488,000 | 19,494,000 | 23,481,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,509,000 | 108,974,000 | 102,220,000 | 102,871,000 |
| Interest-bearing deposits | 99,934,000 | 104,355,000 | 98,795,000 | 99,148,000 |
| Noninterest-bearing deposits | 3,575,000 | 4,619,000 | 3,425,000 | 3,723,000 |
| Equity capital | 17,375,000 | 17,245,000 | 17,376,000 | 17,388,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,331,000 | 4,585,000 | 6,819,000 | 9,041,000 |
| Interest expense | 715,000 | 1,430,000 | 2,144,000 | 2,900,000 |
| Net interest income | 1,616,000 | 3,155,000 | 4,675,000 | 6,141,000 |
| Noninterest income | 569,000 | 782,000 | 981,000 | 1,197,000 |
| Noninterest expense | 1,815,000 | 3,592,000 | 5,273,000 | 6,969,000 |
| Provision for loan losses | 5,000 | -35,000 | -35,000 | -35,000 |
| Pretax income | 414,000 | 429,000 | 467,000 | 453,000 |
| Income tax | 150,000 | 118,000 | 103,000 | 72,000 |
| Net income | 264,000 | 311,000 | 364,000 | 381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,351,000 | 17,224,000 | 17,357,000 | 17,370,000 |
| Total capital | 17,933,000 | 17,767,000 | 17,897,000 | 17,908,000 |
| Risk-weighted assets | 99,035,000 | 96,171,000 | 94,618,000 | 95,383,000 |