Call reports 2009
REVERE BANK — 2009
What REVERE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 73,298,000 | 85,891,000 | 101,303,000 | 112,518,000 |
| Total loans | 38,894,000 | 46,991,000 | 59,056,000 | 74,201,000 |
| Allowance for loan losses | 531,000 | 678,000 | 776,000 | 922,000 |
| Securities available for sale | 19,663,000 | 25,603,000 | 35,025,000 | 33,451,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,425,000 | 70,488,000 | 86,036,000 | 93,577,000 |
| Interest-bearing deposits | 52,099,000 | 63,592,000 | 77,896,000 | 84,090,000 |
| Noninterest-bearing deposits | 5,326,000 | 6,896,000 | 8,140,000 | 9,487,000 |
| Equity capital | 15,471,000 | 14,906,000 | 14,753,000 | 14,597,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 709,000 | 1,644,000 | 2,736,000 | 4,074,000 |
| Interest expense | 339,000 | 791,000 | 1,322,000 | 1,883,000 |
| Net interest income | 370,000 | 853,000 | 1,414,000 | 2,191,000 |
| Noninterest income | 11,000 | 19,000 | 26,000 | 42,000 |
| Noninterest expense | 839,000 | 1,803,000 | 2,856,000 | 3,950,000 |
| Provision for loan losses | 147,000 | 294,000 | 392,000 | 539,000 |
| Pretax income | -605,000 | -1,225,000 | -1,808,000 | -2,256,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -605,000 | -1,225,000 | -1,808,000 | -2,256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,336,000 | 14,749,000 | 14,200,000 | 14,143,000 |
| Total capital | 15,867,000 | 15,427,000 | 14,976,000 | 15,066,000 |
| Risk-weighted assets | 46,355,000 | 56,844,000 | 81,578,000 | 94,513,000 |