Call reports 2018
NEEDHAM BANK — 2018
What NEEDHAM BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,101,919,000 | 1,992,125,000 | 2,093,340,000 | 2,174,256,000 |
| Total loans | 1,803,133,000 | 1,698,416,000 | 1,801,760,000 | 1,868,630,000 |
| Allowance for loan losses | 13,613,000 | 13,705,000 | 13,666,000 | 13,614,000 |
| Securities available for sale | 211,122,000 | 209,007,000 | 211,554,000 | 211,565,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,454,573,000 | 1,469,718,000 | 1,507,455,000 | 1,503,665,000 |
| Interest-bearing deposits | 1,350,503,000 | 1,351,959,000 | 1,396,605,000 | 1,397,003,000 |
| Noninterest-bearing deposits | 104,070,000 | 117,759,000 | 110,850,000 | 106,662,000 |
| Equity capital | 261,375,000 | 265,903,000 | 268,753,000 | 273,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 20,031,000 | 40,444,000 | 61,050,000 | 83,418,000 |
| Interest expense | 4,464,000 | 9,368,000 | 14,720,000 | 21,169,000 |
| Net interest income | 15,567,000 | 31,076,000 | 46,330,000 | 62,249,000 |
| Noninterest income | -1,263,000 | -431,000 | 73,000 | 775,000 |
| Noninterest expense | 12,140,000 | 21,402,000 | 32,794,000 | 44,191,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,164,000 | 9,243,000 | 13,609,000 | 18,833,000 |
| Income tax | 191,000 | 2,136,000 | 3,317,000 | 4,739,000 |
| Net income | 1,973,000 | 7,107,000 | 10,292,000 | 14,094,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 264,632,000 | 269,767,000 | 272,951,000 | 276,753,000 |
| Total capital | 278,245,000 | 283,472,000 | 286,617,000 | 290,367,000 |
| Risk-weighted assets | 1,588,553,000 | 1,549,894,000 | 1,677,316,000 | 1,724,894,000 |