Call reports 2016
REVERE BANK — 2016
What REVERE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,173,450,000 | 1,230,735,000 | 1,327,309,000 | 1,894,287,000 |
| Total loans | 997,634,000 | 1,065,517,000 | 1,134,128,000 | 1,588,424,000 |
| Allowance for loan losses | 9,424,000 | 10,264,000 | 11,175,000 | 12,218,000 |
| Securities available for sale | 74,451,000 | 76,330,000 | 77,815,000 | 139,613,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 991,988,000 | 1,038,822,000 | 1,111,605,000 | 1,602,685,000 |
| Interest-bearing deposits | 847,841,000 | 882,807,000 | 933,900,000 | 1,348,363,000 |
| Noninterest-bearing deposits | 144,147,000 | 156,015,000 | 177,705,000 | 254,322,000 |
| Equity capital | 95,631,000 | 98,668,000 | 101,400,000 | 168,759,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 9,982,000 | 23,023,000 | 36,917,000 | 57,080,000 |
| Interest expense | 1,603,000 | 3,669,000 | 6,048,000 | 9,661,000 |
| Net interest income | 8,379,000 | 19,354,000 | 30,869,000 | 47,419,000 |
| Noninterest income | 214,000 | 477,000 | 790,000 | 1,359,000 |
| Noninterest expense | 5,527,000 | 12,182,000 | 18,660,000 | 30,326,000 |
| Provision for loan losses | 625,000 | 1,465,000 | 2,510,000 | 3,533,000 |
| Pretax income | 2,441,000 | 6,184,000 | 10,489,000 | 14,919,000 |
| Income tax | 1,016,000 | 2,624,000 | 4,320,000 | 6,142,000 |
| Net income | 1,425,000 | 3,560,000 | 6,169,000 | 8,777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,007,000 | 94,456,000 | 98,364,000 | 141,788,000 |
| Total capital | 101,431,000 | 104,720,000 | 140,984,000 | 184,521,000 |
| Risk-weighted assets | 953,563,000 | 1,009,166,000 | 1,129,549,000 | 1,593,143,000 |