Call reports 2010
REVERE BANK — 2010
What REVERE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 131,842,000 | 145,613,000 | 155,431,000 | 173,136,000 |
| Total loans | 85,675,000 | 99,666,000 | 113,592,000 | 130,795,000 |
| Allowance for loan losses | 1,065,000 | 1,382,000 | 1,470,000 | 1,709,000 |
| Securities available for sale | 33,981,000 | 37,237,000 | 37,053,000 | 34,591,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,091,000 | 127,408,000 | 134,072,000 | 154,206,000 |
| Interest-bearing deposits | 103,752,000 | 115,614,000 | 121,737,000 | 139,823,000 |
| Noninterest-bearing deposits | 8,339,000 | 11,794,000 | 12,335,000 | 14,383,000 |
| Equity capital | 14,435,000 | 15,724,000 | 15,737,000 | 15,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,462,000 | 3,077,000 | 4,928,000 | 6,925,000 |
| Interest expense | 558,000 | 1,166,000 | 1,749,000 | 2,349,000 |
| Net interest income | 904,000 | 1,911,000 | 3,179,000 | 4,576,000 |
| Noninterest income | 17,000 | 45,000 | 119,000 | 185,000 |
| Noninterest expense | 1,104,000 | 2,234,000 | 3,572,000 | 4,974,000 |
| Provision for loan losses | 259,000 | 576,000 | 768,000 | 1,008,000 |
| Pretax income | -442,000 | -823,000 | -1,011,000 | -1,145,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -442,000 | -823,000 | -1,011,000 | -1,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,738,000 | 14,910,000 | 14,778,000 | 14,703,000 |
| Total capital | 14,803,000 | 16,271,000 | 16,248,000 | 16,412,000 |
| Risk-weighted assets | 99,642,000 | 108,088,000 | 123,466,000 | 139,969,000 |