Call reports 2007
NATIONAL GRAND BANK OF MARBLEHEAD — 2007
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 223,973,000 | 227,780,000 | 234,468,000 | 227,259,000 |
| Total loans | 162,780,000 | 162,086,000 | 165,272,000 | 164,464,000 |
| Allowance for loan losses | 1,691,000 | 1,676,000 | 1,692,000 | 1,666,000 |
| Securities available for sale | 40,145,000 | 43,871,000 | 41,646,000 | 41,519,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,953,000 | 185,246,000 | 200,540,000 | 188,644,000 |
| Interest-bearing deposits | 153,083,000 | 146,696,000 | 162,763,000 | 151,718,000 |
| Noninterest-bearing deposits | 39,870,000 | 38,550,000 | 37,777,000 | 36,926,000 |
| Equity capital | 21,398,000 | 21,652,000 | 22,206,000 | 22,180,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,045,000 | 6,130,000 | 9,292,000 | 12,440,000 |
| Interest expense | 1,193,000 | 2,445,000 | 3,780,000 | 5,183,000 |
| Net interest income | 1,852,000 | 3,685,000 | 5,512,000 | 7,257,000 |
| Noninterest income | 512,000 | 1,029,000 | 1,556,000 | 2,177,000 |
| Noninterest expense | 1,497,000 | 3,014,000 | 4,495,000 | 6,018,000 |
| Provision for loan losses | 30,000 | 60,000 | 85,000 | 85,000 |
| Pretax income | 837,000 | 1,640,000 | 2,488,000 | 3,331,000 |
| Income tax | 289,000 | 564,000 | 840,000 | 1,121,000 |
| Net income | 548,000 | 1,076,000 | 1,648,000 | 2,210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,470,000 | 21,795,000 | 22,150,000 | 22,136,000 |
| Total capital | 23,134,000 | 23,444,000 | 23,831,000 | 23,825,000 |
| Risk-weighted assets | 133,048,000 | 131,752,000 | 134,418,000 | 137,062,000 |