Call reports 2011
NEEDHAM BANK — 2011
What NEEDHAM BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,181,816,000 | 1,171,755,000 | 1,140,073,000 | 1,155,882,000 |
| Total loans | 969,596,000 | 952,183,000 | 936,009,000 | 935,015,000 |
| Allowance for loan losses | 19,009,000 | 19,248,000 | 17,589,000 | 17,320,000 |
| Securities available for sale | 136,432,000 | 157,834,000 | 157,442,000 | 140,676,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 862,697,000 | 865,662,000 | 858,739,000 | 884,685,000 |
| Interest-bearing deposits | 841,602,000 | 841,880,000 | 834,565,000 | 856,256,000 |
| Noninterest-bearing deposits | 21,095,000 | 23,782,000 | 24,174,000 | 28,429,000 |
| Equity capital | 191,888,000 | 194,162,000 | 197,955,000 | 200,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 13,791,000 | 28,059,000 | 42,003,000 | 56,001,000 |
| Interest expense | 3,624,000 | 7,276,000 | 10,702,000 | 13,760,000 |
| Net interest income | 10,167,000 | 20,783,000 | 31,301,000 | 42,241,000 |
| Noninterest income | -202,000 | -766,000 | -747,000 | -855,000 |
| Noninterest expense | 4,842,000 | 10,546,000 | 16,106,000 | 21,744,000 |
| Provision for loan losses | 1,935,000 | 3,435,000 | 3,485,000 | 4,160,000 |
| Pretax income | 3,274,000 | 6,121,000 | 11,053,000 | 15,572,000 |
| Income tax | 1,157,000 | 2,244,000 | 4,193,000 | 5,920,000 |
| Net income | 2,117,000 | 3,877,000 | 6,860,000 | 9,652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 186,004,000 | 188,536,000 | 192,601,000 | 196,016,000 |
| Total capital | 195,812,000 | 198,106,000 | 201,977,000 | 205,272,000 |
| Risk-weighted assets | 775,910,000 | 755,910,000 | 741,869,000 | 732,439,000 |
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