Call reports 2016
NATIONAL GRAND BANK OF MARBLEHEAD — 2016
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 299,521,000 | 302,607,000 | 312,644,000 | 312,056,000 |
| Total loans | 220,289,000 | 223,084,000 | 235,055,000 | 232,283,000 |
| Allowance for loan losses | 1,648,000 | 1,660,000 | 1,647,000 | 1,733,000 |
| Securities available for sale | 58,973,000 | 58,042,000 | 58,192,000 | 55,812,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,870,000 | 243,840,000 | 244,465,000 | 259,307,000 |
| Interest-bearing deposits | 183,071,000 | 179,837,000 | 173,906,000 | 182,083,000 |
| Noninterest-bearing deposits | 62,799,000 | 64,003,000 | 70,559,000 | 77,224,000 |
| Equity capital | 34,120,000 | 34,898,000 | 35,163,000 | 34,462,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,588,000 | 5,158,000 | 7,818,000 | 10,516,000 |
| Interest expense | 211,000 | 421,000 | 632,000 | 840,000 |
| Net interest income | 2,377,000 | 4,737,000 | 7,186,000 | 9,676,000 |
| Noninterest income | 324,000 | 651,000 | 974,000 | 1,299,000 |
| Noninterest expense | 1,748,000 | 3,517,000 | 5,226,000 | 6,977,000 |
| Provision for loan losses | 0 | 5,000 | 5,000 | 91,000 |
| Pretax income | 953,000 | 1,866,000 | 2,929,000 | 3,909,000 |
| Income tax | 313,000 | 609,000 | 964,000 | 1,281,000 |
| Net income | 640,000 | 1,257,000 | 1,965,000 | 2,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,302,000 | 33,743,000 | 34,251,000 | 34,420,000 |
| Total capital | 34,971,000 | 35,424,000 | 35,919,000 | 36,174,000 |
| Risk-weighted assets | 158,767,000 | 161,768,000 | 175,440,000 | 174,163,000 |