Call reports 2003
NATIONAL GRAND BANK OF MARBLEHEAD — 2003
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 199,194,000 | 206,016,000 | 204,613,000 | 213,020,000 |
| Total loans | 129,955,000 | 133,641,000 | 132,975,000 | 132,522,000 |
| Allowance for loan losses | 2,106,000 | 2,146,000 | 2,122,000 | 1,979,000 |
| Securities available for sale | 47,904,000 | 48,096,000 | 50,412,000 | 51,653,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,103,000 | 185,946,000 | 184,124,000 | 193,119,000 |
| Interest-bearing deposits | 142,261,000 | 143,970,000 | 145,040,000 | 153,660,000 |
| Noninterest-bearing deposits | 36,842,000 | 41,976,000 | 39,084,000 | 39,459,000 |
| Equity capital | 17,781,000 | 18,651,000 | 19,072,000 | 18,752,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,740,000 | 5,472,000 | 8,024,000 | 10,547,000 |
| Interest expense | 605,000 | 1,186,000 | 1,716,000 | 2,249,000 |
| Net interest income | 2,135,000 | 4,286,000 | 6,308,000 | 8,298,000 |
| Noninterest income | 378,000 | 890,000 | 1,297,000 | 1,797,000 |
| Noninterest expense | 1,449,000 | 2,752,000 | 4,071,000 | 5,434,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,064,000 | 2,424,000 | 3,534,000 | 4,658,000 |
| Income tax | 1,158,000 | 1,351,000 | 1,809,000 | 2,233,000 |
| Net income | -94,000 | 1,073,000 | 1,725,000 | 2,425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,002,000 | 17,974,000 | 18,425,000 | 18,249,000 |
| Total capital | 18,389,000 | 19,390,000 | 19,846,000 | 19,716,000 |
| Risk-weighted assets | 110,268,000 | 112,563,000 | 113,018,000 | 116,870,000 |