Call reports 2003
NEEDHAM BANK — 2003
What NEEDHAM BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 409,217,000 | 416,052,000 | 422,926,000 | 423,381,000 |
| Total loans | 231,203,000 | 214,231,000 | 217,137,000 | 232,218,000 |
| Allowance for loan losses | 2,819,000 | 5,881,000 | 3,100,000 | 3,100,000 |
| Securities available for sale | 157,571,000 | 183,503,000 | 192,802,000 | 179,523,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 271,747,000 | 274,633,000 | 279,146,000 | 278,755,000 |
| Interest-bearing deposits | 271,735,000 | 274,273,000 | 278,330,000 | 278,708,000 |
| Noninterest-bearing deposits | 12,000 | 360,000 | 816,000 | 47,000 |
| Equity capital | 129,972,000 | 132,802,000 | 135,338,000 | 137,329,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 6,084,000 | 12,491,000 | 18,043,000 | 23,753,000 |
| Interest expense | 1,505,000 | 2,953,000 | 4,362,000 | 5,731,000 |
| Net interest income | 4,579,000 | 9,538,000 | 13,681,000 | 18,022,000 |
| Noninterest income | 61,000 | 114,000 | 198,000 | 279,000 |
| Noninterest expense | 1,827,000 | 2,796,000 | 4,076,000 | 5,339,000 |
| Provision for loan losses | 0 | 0 | -2,781,000 | -2,781,000 |
| Pretax income | 2,813,000 | 6,856,000 | 12,584,000 | 15,653,000 |
| Income tax | 1,120,000 | 2,751,000 | 4,975,000 | 6,201,000 |
| Net income | 1,693,000 | 4,105,000 | 7,609,000 | 9,452,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,726,000 | 131,170,000 | 134,584,000 | 136,516,000 |
| Total capital | 131,545,000 | 134,657,000 | 137,684,000 | 139,616,000 |
| Risk-weighted assets | 258,676,000 | 276,526,000 | 259,284,000 | 248,397,000 |
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