Call reports 2014
NATIONAL GRAND BANK OF MARBLEHEAD — 2014
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 281,344,000 | 288,355,000 | 290,183,000 | 286,246,000 |
| Total loans | 195,505,000 | 200,806,000 | 200,978,000 | 203,781,000 |
| Allowance for loan losses | 1,501,000 | 1,488,000 | 1,482,000 | 1,468,000 |
| Securities available for sale | 62,116,000 | 68,402,000 | 66,342,000 | 64,064,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,254,000 | 244,298,000 | 242,047,000 | 242,043,000 |
| Interest-bearing deposits | 188,015,000 | 185,457,000 | 179,746,000 | 177,758,000 |
| Noninterest-bearing deposits | 58,239,000 | 58,841,000 | 62,301,000 | 64,285,000 |
| Equity capital | 31,675,000 | 32,266,000 | 32,327,000 | 32,445,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,420,000 | 4,881,000 | 7,352,000 | 9,838,000 |
| Interest expense | 163,000 | 334,000 | 512,000 | 671,000 |
| Net interest income | 2,257,000 | 4,547,000 | 6,840,000 | 9,167,000 |
| Noninterest income | 380,000 | 739,000 | 1,107,000 | 1,440,000 |
| Noninterest expense | 1,620,000 | 3,247,000 | 4,919,000 | 6,624,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,017,000 | 2,047,000 | 3,053,000 | 4,008,000 |
| Income tax | 356,000 | 713,000 | 1,061,000 | 1,386,000 |
| Net income | 661,000 | 1,334,000 | 1,992,000 | 2,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,555,000 | 31,846,000 | 32,111,000 | 32,059,000 |
| Total capital | 33,077,000 | 33,355,000 | 33,614,000 | 33,548,000 |
| Risk-weighted assets | 157,800,000 | 160,891,000 | 162,328,000 | 151,586,000 |