Call reports 2004
NATIONAL GRAND BANK OF MARBLEHEAD — 2004
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 213,523,000 | 208,392,000 | 209,527,000 | 208,140,000 |
| Total loans | 133,638,000 | 136,452,000 | 137,168,000 | 136,940,000 |
| Allowance for loan losses | 1,979,000 | 1,960,000 | 1,914,000 | 1,895,000 |
| Securities available for sale | 52,544,000 | 52,733,000 | 51,277,000 | 50,938,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,829,000 | 185,859,000 | 188,413,000 | 187,454,000 |
| Interest-bearing deposits | 154,568,000 | 147,871,000 | 150,898,000 | 148,247,000 |
| Noninterest-bearing deposits | 38,261,000 | 37,988,000 | 37,515,000 | 39,207,000 |
| Equity capital | 19,388,000 | 19,190,000 | 19,910,000 | 19,718,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,482,000 | 4,937,000 | 7,442,000 | 9,954,000 |
| Interest expense | 504,000 | 983,000 | 1,458,000 | 1,950,000 |
| Net interest income | 1,978,000 | 3,954,000 | 5,984,000 | 8,004,000 |
| Noninterest income | 450,000 | 933,000 | 1,485,000 | 2,072,000 |
| Noninterest expense | 1,348,000 | 2,751,000 | 4,212,000 | 5,663,000 |
| Provision for loan losses | 0 | 0 | 0 | -20,000 |
| Pretax income | 1,085,000 | 2,141,000 | 3,262,000 | 4,438,000 |
| Income tax | 367,000 | 764,000 | 1,188,000 | 1,635,000 |
| Net income | 718,000 | 1,377,000 | 2,074,000 | 2,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,782,000 | 19,183,000 | 19,667,000 | 19,592,000 |
| Total capital | 20,229,000 | 20,632,000 | 21,136,000 | 21,078,000 |
| Risk-weighted assets | 115,254,000 | 115,433,000 | 117,062,000 | 118,448,000 |