Call reports 2015
NATIONAL GRAND BANK OF MARBLEHEAD — 2015
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 284,591,000 | 291,203,000 | 294,648,000 | 297,005,000 |
| Total loans | 201,198,000 | 207,177,000 | 214,320,000 | 216,907,000 |
| Allowance for loan losses | 1,513,000 | 1,563,000 | 1,568,000 | 1,631,000 |
| Securities available for sale | 64,008,000 | 62,644,000 | 59,982,000 | 59,382,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 241,702,000 | 239,444,000 | 245,764,000 | 243,514,000 |
| Interest-bearing deposits | 178,420,000 | 177,387,000 | 184,546,000 | 176,256,000 |
| Noninterest-bearing deposits | 63,282,000 | 62,057,000 | 61,218,000 | 67,258,000 |
| Equity capital | 32,846,000 | 32,780,000 | 33,584,000 | 33,455,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,479,000 | 4,907,000 | 7,404,000 | 9,980,000 |
| Interest expense | 164,000 | 340,000 | 531,000 | 727,000 |
| Net interest income | 2,315,000 | 4,567,000 | 6,873,000 | 9,253,000 |
| Noninterest income | 320,000 | 650,000 | 976,000 | 1,470,000 |
| Noninterest expense | 1,694,000 | 3,419,000 | 5,048,000 | 6,790,000 |
| Provision for loan losses | 50,000 | 100,000 | 100,000 | 160,000 |
| Pretax income | 891,000 | 1,700,000 | 2,707,000 | 3,779,000 |
| Income tax | 299,000 | 562,000 | 900,000 | 1,188,000 |
| Net income | 592,000 | 1,138,000 | 1,807,000 | 2,591,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,244,000 | 32,514,000 | 32,989,000 | 33,079,000 |
| Total capital | 33,778,000 | 34,098,000 | 34,578,000 | 34,731,000 |
| Risk-weighted assets | 143,344,000 | 146,912,000 | 155,926,000 | 155,793,000 |