Call reports 2002
NEEDHAM BANK — 2002
What NEEDHAM BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 388,589,000 | 398,732,000 | 398,689,000 | 401,958,000 |
| Total loans | 257,937,000 | 245,002,000 | 247,543,000 | 245,613,000 |
| Allowance for loan losses | 2,644,000 | 2,857,000 | 2,866,000 | 2,874,000 |
| Securities available for sale | 115,422,000 | 134,532,000 | 136,630,000 | 142,522,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,907,000 | 262,895,000 | 264,350,000 | 266,007,000 |
| Interest-bearing deposits | 259,906,000 | 261,667,000 | 261,915,000 | 266,000,000 |
| Noninterest-bearing deposits | 1,000 | 1,228,000 | 2,435,000 | 7,000 |
| Equity capital | 120,867,000 | 123,871,000 | 126,558,000 | 128,552,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 6,685,000 | 13,366,000 | 20,094,000 | 26,065,000 |
| Interest expense | 2,042,000 | 3,888,000 | 5,650,000 | 7,309,000 |
| Net interest income | 4,643,000 | 9,478,000 | 14,444,000 | 18,756,000 |
| Noninterest income | 66,000 | 147,000 | 206,000 | 276,000 |
| Noninterest expense | 1,603,000 | 2,654,000 | 3,726,000 | 4,872,000 |
| Provision for loan losses | 136,000 | 341,000 | 341,000 | 341,000 |
| Pretax income | 2,970,000 | 6,684,000 | 10,637,000 | 13,893,000 |
| Income tax | 1,183,000 | 2,670,000 | 4,258,000 | 5,556,000 |
| Net income | 1,787,000 | 4,014,000 | 6,379,000 | 8,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,397,000 | 122,713,000 | 125,063,000 | 127,027,000 |
| Total capital | 123,041,000 | 125,570,000 | 127,929,000 | 129,901,000 |
| Risk-weighted assets | 246,828,000 | 245,703,000 | 244,644,000 | 253,017,000 |
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