Call reports 2019
NATIONAL GRAND BANK OF MARBLEHEAD — 2019
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 327,406,000 | 332,889,000 | 340,145,000 | 339,933,000 |
| Total loans | 248,322,000 | 253,541,000 | 259,624,000 | 264,913,000 |
| Allowance for loan losses | 1,683,000 | 1,682,000 | 1,692,000 | 1,693,000 |
| Securities available for sale | 58,736,000 | 57,280,000 | 59,343,000 | 59,052,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,079,000 | 260,190,000 | 271,923,000 | 273,718,000 |
| Interest-bearing deposits | 186,588,000 | 185,746,000 | 193,164,000 | 189,435,000 |
| Noninterest-bearing deposits | 74,491,000 | 74,444,000 | 78,759,000 | 84,283,000 |
| Equity capital | 39,084,000 | 40,022,000 | 40,641,000 | 40,430,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,132,000 | 6,282,000 | 9,516,000 | 12,723,000 |
| Interest expense | 597,000 | 1,220,000 | 1,908,000 | 2,536,000 |
| Net interest income | 2,535,000 | 5,062,000 | 7,608,000 | 10,187,000 |
| Noninterest income | 326,000 | 648,000 | 973,000 | 1,265,000 |
| Noninterest expense | 1,815,000 | 3,583,000 | 5,284,000 | 7,042,000 |
| Provision for loan losses | 0 | -9,000 | -9,000 | -9,000 |
| Pretax income | 1,046,000 | 2,136,000 | 3,307,000 | 4,429,000 |
| Income tax | 240,000 | 491,000 | 764,000 | 1,024,000 |
| Net income | 806,000 | 1,645,000 | 2,543,000 | 3,405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,682,000 | 39,076,000 | 39,495,000 | 39,366,000 |
| Total capital | 40,386,000 | 40,779,000 | 41,208,000 | 41,080,000 |
| Risk-weighted assets | 181,295,000 | 183,515,000 | 188,364,000 | 187,020,000 |