Call reports 2017
NEEDHAM BANK — 2017
What NEEDHAM BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,970,740,000 | 1,993,665,000 | 2,028,271,000 | 2,017,627,000 |
| Total loans | 1,655,272,000 | 1,692,244,000 | 1,738,017,000 | 1,709,097,000 |
| Allowance for loan losses | 12,986,000 | 13,079,000 | 13,280,000 | 13,409,000 |
| Securities available for sale | 216,634,000 | 208,665,000 | 200,659,000 | 217,031,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,472,860,000 | 1,454,946,000 | 1,396,948,000 | 1,398,552,000 |
| Interest-bearing deposits | 1,369,757,000 | 1,329,817,000 | 1,286,046,000 | 1,299,426,000 |
| Noninterest-bearing deposits | 103,103,000 | 125,129,000 | 110,902,000 | 99,126,000 |
| Equity capital | 254,684,000 | 257,733,000 | 260,674,000 | 261,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 18,356,000 | 36,960,000 | 55,771,000 | 76,184,000 |
| Interest expense | 3,702,000 | 7,524,000 | 11,465,000 | 15,741,000 |
| Net interest income | 14,654,000 | 29,436,000 | 44,306,000 | 60,443,000 |
| Noninterest income | 503,000 | 893,000 | 1,339,000 | 2,649,000 |
| Noninterest expense | 12,012,000 | 22,557,000 | 33,134,000 | 43,646,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,146,000 | 7,773,000 | 12,512,000 | 19,447,000 |
| Income tax | 1,246,000 | 3,088,000 | 4,971,000 | 10,232,000 |
| Net income | 1,900,000 | 4,685,000 | 7,541,000 | 9,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 255,101,000 | 257,886,000 | 260,742,000 | 262,416,000 |
| Total capital | 268,087,000 | 270,965,000 | 274,022,000 | 275,825,000 |
| Risk-weighted assets | 1,412,480,000 | 1,420,295,000 | 1,474,036,000 | 1,472,084,000 |