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Call reports 2016

NORTH MIDDLESEX SAVINGS BANK — 2016

What NORTH MIDDLESEX SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.

PERIOD: 2016SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/ac1b18b1-ae47-405b-b9f2-3b79379f66b0/2016

Balance sheet

What the bank holds and owes at quarter end

Measure2016Q12016Q22016Q32016Q4
Total assets410,856,000417,026,000427,396,000437,046,000
Total loans309,671,000313,320,000323,593,000328,133,000
Allowance for loan losses3,299,0003,339,0003,435,0003,504,000
Securities available for sale66,603,00062,144,00060,626,00057,993,000
Securities held to maturity1,391,0001,278,0001,181,0001,073,000
Trading assets0000
Total deposits332,476,000340,103,000346,380,000352,600,000
Interest-bearing deposits320,868,000329,403,000333,779,000338,267,000
Noninterest-bearing deposits11,608,00010,700,00012,601,00014,333,000
Equity capital37,024,00038,007,00038,262,00037,852,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2016Q12016Q22016Q32016Q4
Interest income3,753,0007,569,00011,553,00015,531,000
Interest expense613,0001,231,0001,811,0002,407,000
Net interest income3,140,0006,338,0009,742,00013,124,000
Noninterest income523,0001,098,0001,693,0002,167,000
Noninterest expense2,904,0005,912,0009,205,00012,395,000
Provision for loan losses83,000166,000249,000257,000
Pretax income925,0001,722,0002,580,0003,249,000
Income tax267,000488,000710,000907,000
Net income658,0001,234,0001,870,0002,342,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2016Q12016Q22016Q32016Q4
Tier 1 capital36,544,00037,120,00037,756,00038,387,000
Total capital40,495,00041,202,00041,820,00042,510,000
Risk-weighted assets311,385,000318,867,000324,318,000330,079,000