Call reports 2002
NATIONAL GRAND BANK OF MARBLEHEAD — 2002
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 198,183,000 | 194,018,000 | 191,450,000 | 203,455,000 |
| Total loans | 129,003,000 | 130,101,000 | 126,090,000 | 130,397,000 |
| Allowance for loan losses | 2,516,000 | 2,494,000 | 2,464,000 | 2,103,000 |
| Securities available for sale | 48,262,000 | 48,401,000 | 48,352,000 | 51,581,000 |
| Securities held to maturity | 303,000 | 187,000 | 184,000 | 184,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,225,000 | 172,840,000 | 170,013,000 | 182,795,000 |
| Interest-bearing deposits | 137,557,000 | 137,571,000 | 134,003,000 | 145,207,000 |
| Noninterest-bearing deposits | 39,668,000 | 35,269,000 | 36,010,000 | 37,588,000 |
| Equity capital | 17,540,000 | 18,183,000 | 18,486,000 | 18,159,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,000,000 | 5,991,000 | 8,860,000 | 11,642,000 |
| Interest expense | 884,000 | 1,715,000 | 2,457,000 | 3,125,000 |
| Net interest income | 2,116,000 | 4,276,000 | 6,403,000 | 8,517,000 |
| Noninterest income | 405,000 | 792,000 | 1,235,000 | 1,427,000 |
| Noninterest expense | 1,274,000 | 2,558,000 | 3,855,000 | 5,203,000 |
| Provision for loan losses | 0 | 0 | 0 | -250,000 |
| Pretax income | 1,247,000 | 2,510,000 | 3,783,000 | 4,991,000 |
| Income tax | 439,000 | 879,000 | 1,326,000 | 1,746,000 |
| Net income | 808,000 | 1,631,000 | 2,457,000 | 3,245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,128,000 | 17,465,000 | 17,595,000 | 17,309,000 |
| Total capital | 18,535,000 | 18,851,000 | 18,962,000 | 18,724,000 |
| Risk-weighted assets | 111,435,000 | 109,738,000 | 108,228,000 | 112,496,000 |