Call reports 2019
REVERE BANK — 2019
What REVERE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,510,251,000 | 2,626,721,000 | 2,835,191,000 | 2,851,182,000 |
| Total loans | 2,150,473,000 | 2,294,945,000 | 2,366,490,000 | 2,454,935,000 |
| Allowance for loan losses | 19,488,000 | 21,052,000 | 21,952,000 | 23,047,000 |
| Securities available for sale | 188,331,000 | 180,630,000 | 182,696,000 | 185,655,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,076,214,000 | 2,127,831,000 | 2,337,430,000 | 2,345,366,000 |
| Interest-bearing deposits | 1,703,035,000 | 1,736,531,000 | 1,889,354,000 | 1,925,180,000 |
| Noninterest-bearing deposits | 373,179,000 | 391,300,000 | 448,076,000 | 420,186,000 |
| Equity capital | 275,074,000 | 286,281,000 | 295,228,000 | 303,628,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 29,849,000 | 61,470,000 | 95,191,000 | 129,346,000 |
| Interest expense | 8,182,000 | 17,013,000 | 26,756,000 | 36,473,000 |
| Net interest income | 21,667,000 | 44,457,000 | 68,435,000 | 92,873,000 |
| Noninterest income | 488,000 | 1,442,000 | 2,302,000 | 2,939,000 |
| Noninterest expense | 11,114,000 | 22,696,000 | 34,802,000 | 47,700,000 |
| Provision for loan losses | 769,000 | 2,205,000 | 3,607,000 | 4,814,000 |
| Pretax income | 10,272,000 | 20,998,000 | 32,328,000 | 43,298,000 |
| Income tax | 2,763,000 | 5,583,000 | 8,666,000 | 11,600,000 |
| Net income | 7,509,000 | 15,415,000 | 23,662,000 | 31,698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 246,098,000 | 255,831,000 | 264,750,000 | 273,617,000 |
| Total capital | 296,327,000 | 307,650,000 | 317,495,000 | 327,483,000 |
| Risk-weighted assets | 2,178,662,000 | 2,328,463,000 | 2,386,826,000 | 2,490,623,000 |