Call reports 2003
MARTHA'S VINEYARD BANK — 2003
What MARTHA'S VINEYARD BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 247,611,000 | 247,008,000 | 255,768,000 | 258,580,000 |
| Total loans | 126,308,000 | 129,610,000 | 130,661,000 | 129,577,000 |
| Allowance for loan losses | 971,000 | 971,000 | 983,000 | 1,008,000 |
| Securities available for sale | 41,837,000 | 67,888,000 | 85,560,000 | 89,276,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,983,000 | 216,930,000 | 225,375,000 | 227,347,000 |
| Interest-bearing deposits | 209,734,000 | 207,791,000 | 215,150,000 | 218,229,000 |
| Noninterest-bearing deposits | 9,249,000 | 9,139,000 | 10,225,000 | 9,118,000 |
| Equity capital | 26,754,000 | 27,680,000 | 28,112,000 | 28,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,890,000 | 5,722,000 | 8,750,000 | 11,702,000 |
| Interest expense | 992,000 | 1,879,000 | 2,655,000 | 3,441,000 |
| Net interest income | 1,898,000 | 3,843,000 | 6,095,000 | 8,261,000 |
| Noninterest income | 205,000 | 421,000 | 650,000 | 878,000 |
| Noninterest expense | 1,580,000 | 3,031,000 | 4,576,000 | 6,093,000 |
| Provision for loan losses | 0 | 0 | 12,000 | 30,000 |
| Pretax income | 523,000 | 1,209,000 | 2,133,000 | 2,990,000 |
| Income tax | 200,000 | 465,000 | 825,000 | 1,126,000 |
| Net income | 323,000 | 744,000 | 1,308,000 | 1,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,254,000 | 24,675,000 | 25,239,000 | 25,795,000 |
| Total capital | 25,225,000 | 25,646,000 | 26,222,000 | 26,803,000 |
| Risk-weighted assets | 99,738,000 | 103,001,000 | 108,215,000 | 108,180,000 |