Call reports 2018
REVERE BANK — 2018
What REVERE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,192,638,000 | 2,250,319,000 | 2,317,700,000 | 2,455,211,000 |
| Total loans | 1,883,521,000 | 1,961,343,000 | 1,997,511,000 | 2,084,806,000 |
| Allowance for loan losses | 15,781,000 | 16,876,000 | 17,521,000 | 18,712,000 |
| Securities available for sale | 162,458,000 | 167,831,000 | 167,911,000 | 187,558,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,888,126,000 | 1,908,494,000 | 1,950,385,000 | 2,088,967,000 |
| Interest-bearing deposits | 1,549,048,000 | 1,561,998,000 | 1,597,825,000 | 1,720,904,000 |
| Noninterest-bearing deposits | 339,078,000 | 346,496,000 | 352,560,000 | 368,063,000 |
| Equity capital | 195,135,000 | 203,772,000 | 255,905,000 | 264,891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 24,283,000 | 50,050,000 | 77,453,000 | 106,976,000 |
| Interest expense | 4,844,000 | 10,208,000 | 16,767,000 | 24,130,000 |
| Net interest income | 19,439,000 | 39,842,000 | 60,686,000 | 82,846,000 |
| Noninterest income | 583,000 | 1,186,000 | 1,619,000 | 2,241,000 |
| Noninterest expense | 10,349,000 | 21,238,000 | 32,419,000 | 43,946,000 |
| Provision for loan losses | 953,000 | 2,106,000 | 2,751,000 | 4,089,000 |
| Pretax income | 8,720,000 | 17,684,000 | 27,135,000 | 37,052,000 |
| Income tax | 2,161,000 | 4,275,000 | 6,720,000 | 9,425,000 |
| Net income | 6,559,000 | 13,409,000 | 20,415,000 | 27,627,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 167,870,000 | 176,777,000 | 229,606,000 | 237,746,000 |
| Total capital | 214,289,000 | 224,317,000 | 277,817,000 | 287,173,000 |
| Risk-weighted assets | 1,904,325,000 | 1,978,876,000 | 2,005,276,000 | 2,085,469,000 |