Call reports 2020
REVERE BANK — 2020
What REVERE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 |
|---|---|
| Total assets | 2,839,693,000 |
| Total loans | 2,507,234,000 |
| Allowance for loan losses | 25,283,000 |
| Securities available for sale | 178,827,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 2,307,704,000 |
| Interest-bearing deposits | 1,883,560,000 |
| Noninterest-bearing deposits | 424,144,000 |
| Equity capital | 307,196,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 |
|---|---|
| Interest income | 32,752,000 |
| Interest expense | 8,588,000 |
| Net interest income | 24,164,000 |
| Noninterest income | 717,000 |
| Noninterest expense | 17,471,000 |
| Provision for loan losses | 7,045,000 |
| Pretax income | 365,000 |
| Income tax | -212,000 |
| Net income | 577,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 |
|---|---|
| Tier 1 capital | 277,076,000 |
| Total capital | 333,204,000 |
| Risk-weighted assets | 2,535,048,000 |