Call reports 2010
NATIONAL GRAND BANK OF MARBLEHEAD — 2010
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 247,996,000 | 247,025,000 | 248,220,000 | 248,617,000 |
| Total loans | 172,843,000 | 170,425,000 | 168,983,000 | 171,999,000 |
| Allowance for loan losses | 1,811,000 | 1,906,000 | 1,835,000 | 1,806,000 |
| Securities available for sale | 44,968,000 | 45,965,000 | 49,396,000 | 49,266,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,121,000 | 213,865,000 | 218,422,000 | 219,356,000 |
| Interest-bearing deposits | 172,842,000 | 173,544,000 | 173,884,000 | 171,558,000 |
| Noninterest-bearing deposits | 41,279,000 | 40,321,000 | 44,538,000 | 47,798,000 |
| Equity capital | 25,372,000 | 25,985,000 | 26,739,000 | 26,657,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,843,000 | 5,619,000 | 8,370,000 | 11,075,000 |
| Interest expense | 531,000 | 1,032,000 | 1,481,000 | 1,877,000 |
| Net interest income | 2,312,000 | 4,587,000 | 6,889,000 | 9,198,000 |
| Noninterest income | 477,000 | 926,000 | 1,673,000 | 2,199,000 |
| Noninterest expense | 1,674,000 | 3,440,000 | 5,085,000 | 6,675,000 |
| Provision for loan losses | 96,000 | 203,000 | 203,000 | 203,000 |
| Pretax income | 1,019,000 | 1,870,000 | 3,270,000 | 4,515,000 |
| Income tax | 347,000 | 622,000 | 1,124,000 | 1,564,000 |
| Net income | 672,000 | 1,248,000 | 2,146,000 | 2,951,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,595,000 | 24,970,000 | 25,676,000 | 26,003,000 |
| Total capital | 26,419,000 | 26,791,000 | 27,504,000 | 27,830,000 |
| Risk-weighted assets | 148,258,000 | 145,577,000 | 146,195,000 | 148,682,000 |