Call reports 2014
REVERE BANK — 2014
What REVERE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 512,412,000 | 558,558,000 | 596,972,000 | 642,462,000 |
| Total loans | 455,000,000 | 490,555,000 | 531,955,000 | 592,096,000 |
| Allowance for loan losses | 6,041,000 | 6,310,000 | 6,741,000 | 7,179,000 |
| Securities available for sale | 28,761,000 | 36,358,000 | 37,680,000 | 38,188,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 448,841,000 | 491,580,000 | 522,185,000 | 554,390,000 |
| Interest-bearing deposits | 398,711,000 | 430,611,000 | 450,416,000 | 483,555,000 |
| Noninterest-bearing deposits | 50,130,000 | 60,969,000 | 71,769,000 | 70,835,000 |
| Equity capital | 46,839,000 | 48,133,000 | 49,387,000 | 51,109,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,715,000 | 11,733,000 | 18,413,000 | 25,659,000 |
| Interest expense | 892,000 | 1,824,000 | 2,800,000 | 3,841,000 |
| Net interest income | 4,823,000 | 9,909,000 | 15,613,000 | 21,818,000 |
| Noninterest income | 183,000 | 366,000 | 541,000 | 718,000 |
| Noninterest expense | 3,081,000 | 6,370,000 | 9,920,000 | 13,630,000 |
| Provision for loan losses | 242,000 | 562,000 | 992,000 | 1,479,000 |
| Pretax income | 1,683,000 | 3,343,000 | 5,240,000 | 7,444,000 |
| Income tax | 699,000 | 1,371,000 | 2,092,000 | 2,939,000 |
| Net income | 984,000 | 1,972,000 | 3,148,000 | 4,505,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,241,000 | 47,974,000 | 49,250,000 | 50,888,000 |
| Total capital | 51,875,000 | 54,100,000 | 55,757,000 | 58,067,000 |
| Risk-weighted assets | 450,302,000 | 489,841,000 | 520,282,000 | 575,458,000 |