Call reports 2022
NATIONAL GRAND BANK OF MARBLEHEAD — 2022
What NATIONAL GRAND BANK OF MARBLEHEAD reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 402,946,000 | 408,441,000 | 436,839,000 | 430,577,000 |
| Total loans | 293,511,000 | 299,968,000 | 302,611,000 | 304,217,000 |
| Allowance for loan losses | 1,749,000 | 1,796,000 | 1,829,000 | 1,820,000 |
| Securities available for sale | 85,106,000 | 79,219,000 | 73,900,000 | 80,841,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 357,387,000 | 349,891,000 | 389,397,000 | 387,395,000 |
| Interest-bearing deposits | 221,249,000 | 215,623,000 | 250,855,000 | 238,569,000 |
| Noninterest-bearing deposits | 136,138,000 | 134,268,000 | 138,542,000 | 148,826,000 |
| Equity capital | 38,707,000 | 36,344,000 | 33,591,000 | 36,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,015,000 | 6,067,000 | 9,309,000 | 12,982,000 |
| Interest expense | 138,000 | 278,000 | 503,000 | 932,000 |
| Net interest income | 2,877,000 | 5,789,000 | 8,806,000 | 12,050,000 |
| Noninterest income | 292,000 | 614,000 | 936,000 | 1,277,000 |
| Noninterest expense | 1,835,000 | 3,939,000 | 5,754,000 | 7,589,000 |
| Provision for loan losses | 25,000 | 69,000 | 101,000 | 89,000 |
| Pretax income | 1,309,000 | 2,395,000 | 3,887,000 | 5,649,000 |
| Income tax | 308,000 | 550,000 | 908,000 | 1,333,000 |
| Net income | 1,001,000 | 1,845,000 | 2,979,000 | 4,316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,721,000 | 42,832,000 | 43,369,000 | 44,230,000 |