Call reports 2011
NATIONAL GRAND BANK OF MARBLEHEAD — 2011
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 259,958,000 | 249,135,000 | 255,004,000 | 261,807,000 |
| Total loans | 171,003,000 | 173,327,000 | 178,327,000 | 187,038,000 |
| Allowance for loan losses | 1,729,000 | 1,531,000 | 1,635,000 | 1,636,000 |
| Securities available for sale | 46,371,000 | 50,682,000 | 50,259,000 | 47,868,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,836,000 | 217,931,000 | 222,688,000 | 229,604,000 |
| Interest-bearing deposits | 181,116,000 | 170,653,000 | 176,997,000 | 179,415,000 |
| Noninterest-bearing deposits | 48,720,000 | 47,278,000 | 45,691,000 | 50,189,000 |
| Equity capital | 27,148,000 | 27,928,000 | 28,704,000 | 29,088,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,651,000 | 5,296,000 | 7,973,000 | 10,657,000 |
| Interest expense | 375,000 | 743,000 | 1,084,000 | 1,383,000 |
| Net interest income | 2,276,000 | 4,553,000 | 6,889,000 | 9,274,000 |
| Noninterest income | 453,000 | 925,000 | 1,345,000 | 1,753,000 |
| Noninterest expense | 1,717,000 | 3,394,000 | 4,945,000 | 6,307,000 |
| Provision for loan losses | -75,000 | -75,000 | -75,000 | 75,000 |
| Pretax income | 1,087,000 | 2,185,000 | 3,382,000 | 4,663,000 |
| Income tax | 377,000 | 759,000 | 1,188,000 | 1,636,000 |
| Net income | 710,000 | 1,426,000 | 2,194,000 | 3,027,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,513,000 | 27,057,000 | 27,626,000 | 27,990,000 |
| Total capital | 28,263,000 | 28,609,000 | 29,282,000 | 29,647,000 |
| Risk-weighted assets | 151,262,000 | 146,774,000 | 150,632,000 | 153,477,000 |