Call reports 2010
MARTHA'S VINEYARD BANK — 2010
What MARTHA'S VINEYARD BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 477,170,000 | 503,348,000 | 506,169,000 | 498,030,000 |
| Total loans | 378,376,000 | 388,967,000 | 386,173,000 | 375,481,000 |
| Allowance for loan losses | 2,643,000 | 2,705,000 | 2,820,000 | 2,951,000 |
| Securities available for sale | 59,020,000 | 56,106,000 | 55,193,000 | 51,035,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 369,405,000 | 390,455,000 | 416,559,000 | 407,897,000 |
| Interest-bearing deposits | 339,828,000 | 352,486,000 | 372,574,000 | 370,069,000 |
| Noninterest-bearing deposits | 29,578,000 | 37,969,000 | 43,985,000 | 37,828,000 |
| Equity capital | 58,635,000 | 59,617,000 | 61,022,000 | 61,818,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 6,030,000 | 12,084,000 | 18,127,000 | 23,999,000 |
| Interest expense | 1,062,000 | 2,089,000 | 3,087,000 | 4,042,000 |
| Net interest income | 4,968,000 | 9,995,000 | 15,040,000 | 19,957,000 |
| Noninterest income | 677,000 | 1,361,000 | 2,176,000 | 3,037,000 |
| Noninterest expense | 3,631,000 | 7,275,000 | 10,979,000 | 15,222,000 |
| Provision for loan losses | 75,000 | 150,000 | 265,000 | 400,000 |
| Pretax income | 1,939,000 | 3,931,000 | 5,972,000 | 7,567,000 |
| Income tax | 766,000 | 1,554,000 | 2,363,000 | 2,959,000 |
| Net income | 1,173,000 | 2,377,000 | 3,609,000 | 4,608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,468,000 | 56,672,000 | 57,904,000 | 58,903,000 |
| Total capital | 58,111,000 | 59,377,000 | 60,723,000 | 61,854,000 |
| Risk-weighted assets | 293,776,000 | 304,932,000 | 303,917,000 | 302,641,000 |