Call reports 2017
NATIONAL GRAND BANK OF MARBLEHEAD — 2017
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 315,030,000 | 316,015,000 | 317,677,000 | 318,311,000 |
| Total loans | 227,426,000 | 231,175,000 | 235,832,000 | 236,732,000 |
| Allowance for loan losses | 1,724,000 | 1,719,000 | 1,732,000 | 1,751,000 |
| Securities available for sale | 62,251,000 | 62,170,000 | 59,252,000 | 59,665,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,583,000 | 258,284,000 | 250,956,000 | 252,425,000 |
| Interest-bearing deposits | 186,476,000 | 185,906,000 | 175,698,000 | 173,089,000 |
| Noninterest-bearing deposits | 78,107,000 | 72,378,000 | 75,258,000 | 79,336,000 |
| Equity capital | 34,839,000 | 35,334,000 | 35,824,000 | 36,590,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,674,000 | 5,386,000 | 8,298,000 | 11,125,000 |
| Interest expense | 207,000 | 431,000 | 685,000 | 948,000 |
| Net interest income | 2,467,000 | 4,955,000 | 7,613,000 | 10,177,000 |
| Noninterest income | 335,000 | 679,000 | 1,026,000 | 1,836,000 |
| Noninterest expense | 1,682,000 | 3,412,000 | 5,133,000 | 6,418,000 |
| Provision for loan losses | 0 | 11,000 | 17,000 | 16,000 |
| Pretax income | 1,120,000 | 2,211,000 | 3,489,000 | 5,579,000 |
| Income tax | 381,000 | 749,000 | 1,186,000 | 1,881,000 |
| Net income | 739,000 | 1,462,000 | 2,303,000 | 3,698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,722,000 | 35,044,000 | 35,513,000 | 36,380,000 |
| Total capital | 36,467,000 | 36,784,000 | 37,266,000 | 38,152,000 |
| Risk-weighted assets | 173,609,000 | 176,704,000 | 174,359,000 | 175,617,000 |