Call reports 2007
NEEDHAM BANK — 2007
What NEEDHAM BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 681,555,000 | 683,639,000 | 693,619,000 | 728,196,000 |
| Total loans | 517,890,000 | 513,666,000 | 542,451,000 | 572,393,000 |
| Allowance for loan losses | 6,179,000 | 4,531,000 | 9,220,000 | 9,165,000 |
| Securities available for sale | 125,662,000 | 118,970,000 | 122,119,000 | 118,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 440,574,000 | 432,732,000 | 425,415,000 | 434,874,000 |
| Interest-bearing deposits | 438,418,000 | 429,509,000 | 420,998,000 | 432,097,000 |
| Noninterest-bearing deposits | 2,156,000 | 3,223,000 | 4,417,000 | 2,777,000 |
| Equity capital | 172,805,000 | 173,269,000 | 172,521,000 | 174,238,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 9,965,000 | 20,314,000 | 30,291,000 | 40,878,000 |
| Interest expense | 4,924,000 | 9,945,000 | 15,007,000 | 20,318,000 |
| Net interest income | 5,041,000 | 10,369,000 | 15,284,000 | 20,560,000 |
| Noninterest income | 123,000 | 201,000 | 364,000 | 504,000 |
| Noninterest expense | 2,740,000 | 6,753,000 | 9,732,000 | 13,183,000 |
| Provision for loan losses | 0 | 0 | 4,483,000 | 4,483,000 |
| Pretax income | 2,424,000 | 3,817,000 | 1,433,000 | 3,400,000 |
| Income tax | 858,000 | 1,287,000 | 163,000 | 879,000 |
| Net income | 1,566,000 | 2,530,000 | 1,270,000 | 2,521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 173,592,000 | 174,557,000 | 173,296,000 | 174,548,000 |
| Total capital | 179,482,000 | 179,214,000 | 179,266,000 | 180,762,000 |
| Risk-weighted assets | 460,138,000 | 455,114,000 | 464,579,000 | 491,007,000 |
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