Call reports 2008
MARTHA'S VINEYARD BANK — 2008
What MARTHA'S VINEYARD BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 465,789,000 | 458,753,000 | 470,181,000 | 470,170,000 |
| Total loans | 350,766,000 | 355,335,000 | 358,992,000 | 370,291,000 |
| Allowance for loan losses | 2,190,000 | 2,190,000 | 2,227,000 | 2,295,000 |
| Securities available for sale | 52,242,000 | 63,842,000 | 67,272,000 | 70,243,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 344,368,000 | 349,639,000 | 365,164,000 | 362,595,000 |
| Interest-bearing deposits | 314,870,000 | 314,282,000 | 326,537,000 | 329,792,000 |
| Noninterest-bearing deposits | 29,498,000 | 35,357,000 | 38,627,000 | 32,803,000 |
| Equity capital | 50,268,000 | 50,573,000 | 51,094,000 | 52,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,452,000 | 12,659,000 | 18,956,000 | 25,282,000 |
| Interest expense | 2,615,000 | 4,754,000 | 6,787,000 | 8,735,000 |
| Net interest income | 3,837,000 | 7,905,000 | 12,169,000 | 16,547,000 |
| Noninterest income | 610,000 | 1,278,000 | 1,943,000 | 2,525,000 |
| Noninterest expense | 3,048,000 | 6,073,000 | 9,111,000 | 12,675,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 125,000 |
| Pretax income | 1,399,000 | 3,110,000 | 4,991,000 | 6,192,000 |
| Income tax | 594,000 | 1,274,000 | 2,021,000 | 2,416,000 |
| Net income | 805,000 | 1,836,000 | 2,970,000 | 3,776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,594,000 | 47,625,000 | 48,759,000 | 49,566,000 |
| Total capital | 48,784,000 | 49,815,000 | 50,986,000 | 51,862,000 |
| Risk-weighted assets | 267,541,000 | 264,082,000 | 267,728,000 | 274,733,000 |