Call reports 2021
NATIONAL GRAND BANK OF MARBLEHEAD — 2021
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 421,229,000 | 427,949,000 | 417,669,000 | 421,997,000 |
| Total loans | 280,475,000 | 287,038,000 | 283,104,000 | 293,154,000 |
| Allowance for loan losses | 1,796,000 | 1,812,000 | 1,787,000 | 1,723,000 |
| Securities available for sale | 81,053,000 | 90,966,000 | 90,085,000 | 90,520,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 367,212,000 | 374,632,000 | 365,261,000 | 371,075,000 |
| Interest-bearing deposits | 239,017,000 | 224,071,000 | 232,270,000 | 235,040,000 |
| Noninterest-bearing deposits | 128,195,000 | 150,561,000 | 132,991,000 | 136,035,000 |
| Equity capital | 41,843,000 | 42,752,000 | 42,603,000 | 43,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,042,000 | 5,998,000 | 9,130,000 | 12,168,000 |
| Interest expense | 233,000 | 448,000 | 638,000 | 794,000 |
| Net interest income | 2,809,000 | 5,550,000 | 8,492,000 | 11,374,000 |
| Noninterest income | 249,000 | 509,000 | 786,000 | 1,051,000 |
| Noninterest expense | 1,678,000 | 3,596,000 | 5,331,000 | 7,125,000 |
| Provision for loan losses | -39,000 | -29,000 | -56,000 | -122,000 |
| Pretax income | 1,419,000 | 2,492,000 | 4,003,000 | 5,422,000 |
| Income tax | 346,000 | 593,000 | 961,000 | 1,305,000 |
| Net income | 1,073,000 | 1,899,000 | 3,042,000 | 4,117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,886,000 | 41,463,000 | 41,773,000 | 42,394,000 |