Call reports 2015
NEEDHAM BANK — 2015
What NEEDHAM BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,730,097,000 | 1,780,756,000 | 1,850,392,000 | 1,930,591,000 |
| Total loans | 1,447,827,000 | 1,510,767,000 | 1,574,954,000 | 1,648,545,000 |
| Allowance for loan losses | 12,263,000 | 13,206,000 | 12,923,000 | 14,251,000 |
| Securities available for sale | 185,355,000 | 188,456,000 | 187,651,000 | 191,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,232,961,000 | 1,260,947,000 | 1,314,209,000 | 1,396,104,000 |
| Interest-bearing deposits | 1,162,744,000 | 1,177,071,000 | 1,229,526,000 | 1,310,574,000 |
| Noninterest-bearing deposits | 70,217,000 | 83,876,000 | 84,683,000 | 85,530,000 |
| Equity capital | 233,610,000 | 234,863,000 | 237,580,000 | 238,666,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 16,726,000 | 33,864,000 | 51,573,000 | 70,311,000 |
| Interest expense | 2,528,000 | 5,261,000 | 8,362,000 | 11,797,000 |
| Net interest income | 14,198,000 | 28,603,000 | 43,211,000 | 58,514,000 |
| Noninterest income | 259,000 | 772,000 | 1,345,000 | 1,892,000 |
| Noninterest expense | 10,071,000 | 20,404,000 | 30,527,000 | 40,944,000 |
| Provision for loan losses | 150,000 | 1,050,000 | 2,500,000 | 4,585,000 |
| Pretax income | 4,236,000 | 7,921,000 | 11,529,000 | 14,903,000 |
| Income tax | 1,552,000 | 2,995,000 | 4,411,000 | 5,731,000 |
| Net income | 2,684,000 | 4,926,000 | 7,118,000 | 9,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 233,607,000 | 235,849,000 | 238,041,000 | 240,095,000 |
| Total capital | 245,870,000 | 249,055,000 | 250,964,000 | 254,346,000 |
| Risk-weighted assets | 1,235,251,000 | 1,346,165,000 | 1,399,889,000 | 1,451,493,000 |