Call reports 2013
NATIONAL GRAND BANK OF MARBLEHEAD — 2013
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 283,388,000 | 278,064,000 | 284,431,000 | 282,416,000 |
| Total loans | 196,048,000 | 198,241,000 | 197,618,000 | 195,470,000 |
| Allowance for loan losses | 1,608,000 | 1,571,000 | 1,566,000 | 1,524,000 |
| Securities available for sale | 62,338,000 | 55,995,000 | 58,613,000 | 58,647,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,009,000 | 244,268,000 | 249,880,000 | 248,198,000 |
| Interest-bearing deposits | 191,939,000 | 185,562,000 | 188,395,000 | 185,186,000 |
| Noninterest-bearing deposits | 57,070,000 | 58,706,000 | 61,485,000 | 63,012,000 |
| Equity capital | 30,885,000 | 30,570,000 | 31,036,000 | 31,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,533,000 | 5,130,000 | 7,559,000 | 10,028,000 |
| Interest expense | 220,000 | 435,000 | 633,000 | 818,000 |
| Net interest income | 2,313,000 | 4,695,000 | 6,926,000 | 9,210,000 |
| Noninterest income | 422,000 | 905,000 | 1,371,000 | 1,799,000 |
| Noninterest expense | 1,635,000 | 3,493,000 | 5,192,000 | 6,991,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | 1,100,000 | 2,057,000 | 3,055,000 | 3,968,000 |
| Income tax | 379,000 | 716,000 | 1,069,000 | 1,383,000 |
| Net income | 721,000 | 1,341,000 | 1,986,000 | 2,585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,001,000 | 30,419,000 | 30,874,000 | 31,000,000 |
| Total capital | 31,630,000 | 32,011,000 | 32,461,000 | 32,545,000 |
| Risk-weighted assets | 160,012,000 | 155,731,000 | 157,020,000 | 157,200,000 |