Call reports 2008
NATIONAL GRAND BANK OF MARBLEHEAD — 2008
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 225,581,000 | 229,438,000 | 227,334,000 | 234,980,000 |
| Total loans | 160,978,000 | 167,932,000 | 164,138,000 | 165,423,000 |
| Allowance for loan losses | 1,630,000 | 1,631,000 | 1,704,000 | 1,729,000 |
| Securities available for sale | 42,465,000 | 41,399,000 | 37,351,000 | 43,420,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,106,000 | 180,447,000 | 188,275,000 | 195,287,000 |
| Interest-bearing deposits | 144,959,000 | 139,487,000 | 149,463,000 | 156,041,000 |
| Noninterest-bearing deposits | 39,147,000 | 40,960,000 | 38,812,000 | 39,246,000 |
| Equity capital | 22,456,000 | 22,349,000 | 22,221,000 | 22,979,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,061,000 | 6,043,000 | 9,092,000 | 12,049,000 |
| Interest expense | 1,282,000 | 2,336,000 | 3,332,000 | 4,304,000 |
| Net interest income | 1,779,000 | 3,707,000 | 5,760,000 | 7,745,000 |
| Noninterest income | 499,000 | 989,000 | 1,647,000 | 2,033,000 |
| Noninterest expense | 1,562,000 | 3,093,000 | 4,708,000 | 6,382,000 |
| Provision for loan losses | 0 | 90,000 | 174,000 | 236,000 |
| Pretax income | 716,000 | 1,513,000 | 2,525,000 | 3,160,000 |
| Income tax | 225,000 | 501,000 | 868,000 | 1,002,000 |
| Net income | 491,000 | 1,012,000 | 1,657,000 | 2,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,253,000 | 22,559,000 | 22,992,000 | 22,959,000 |
| Total capital | 23,905,000 | 24,207,000 | 24,713,000 | 24,704,000 |
| Risk-weighted assets | 141,867,000 | 144,462,000 | 143,753,000 | 146,157,000 |