Call reports 2017
REVERE BANK — 2017
What REVERE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,949,401,000 | 2,043,941,000 | 2,070,939,000 | 2,098,845,000 |
| Total loans | 1,646,162,000 | 1,697,466,000 | 1,753,601,000 | 1,814,692,000 |
| Allowance for loan losses | 13,034,000 | 13,750,000 | 14,442,000 | 14,827,000 |
| Securities available for sale | 148,631,000 | 155,953,000 | 164,883,000 | 163,226,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,663,294,000 | 1,727,243,000 | 1,758,726,000 | 1,795,092,000 |
| Interest-bearing deposits | 1,370,366,000 | 1,402,702,000 | 1,429,274,000 | 1,471,943,000 |
| Noninterest-bearing deposits | 292,928,000 | 324,541,000 | 329,452,000 | 323,149,000 |
| Equity capital | 173,363,000 | 179,407,000 | 185,507,000 | 188,277,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 20,451,000 | 41,985,000 | 64,926,000 | 88,392,000 |
| Interest expense | 3,730,000 | 7,649,000 | 11,990,000 | 16,533,000 |
| Net interest income | 16,721,000 | 34,336,000 | 52,936,000 | 71,859,000 |
| Noninterest income | 549,000 | 1,109,000 | 1,605,000 | 2,125,000 |
| Noninterest expense | 10,609,000 | 20,453,000 | 30,683,000 | 40,976,000 |
| Provision for loan losses | 858,000 | 1,725,000 | 2,508,000 | 3,159,000 |
| Pretax income | 5,803,000 | 13,267,000 | 21,350,000 | 29,849,000 |
| Income tax | 2,281,000 | 4,880,000 | 7,841,000 | 13,578,000 |
| Net income | 3,522,000 | 8,387,000 | 13,509,000 | 16,271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 145,441,000 | 150,757,000 | 157,003,000 | 159,923,000 |
| Total capital | 189,009,000 | 195,067,000 | 202,031,000 | 205,357,000 |
| Risk-weighted assets | 1,651,392,000 | 1,710,898,000 | 1,772,775,000 | 1,832,626,000 |