Call reports 2016
MARTHA'S VINEYARD BANK — 2016
What MARTHA'S VINEYARD BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 707,173,000 | 738,211,000 | 752,716,000 | 750,894,000 |
| Total loans | 592,121,000 | 622,094,000 | 622,951,000 | 638,056,000 |
| Allowance for loan losses | 3,741,000 | 4,019,000 | 4,346,000 | 4,496,000 |
| Securities available for sale | 61,151,000 | 61,773,000 | 59,803,000 | 58,451,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 541,541,000 | 560,604,000 | 599,217,000 | 579,169,000 |
| Interest-bearing deposits | 447,167,000 | 453,180,000 | 473,766,000 | 470,859,000 |
| Noninterest-bearing deposits | 94,374,000 | 107,424,000 | 125,451,000 | 108,310,000 |
| Equity capital | 83,550,000 | 85,441,000 | 86,676,000 | 87,044,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 6,357,000 | 13,056,000 | 20,225,000 | 27,224,000 |
| Interest expense | 520,000 | 1,094,000 | 1,668,000 | 2,229,000 |
| Net interest income | 5,837,000 | 11,962,000 | 18,557,000 | 24,995,000 |
| Noninterest income | 895,000 | 2,002,000 | 2,558,000 | 3,810,000 |
| Noninterest expense | 4,809,000 | 9,563,000 | 13,962,000 | 18,990,000 |
| Provision for loan losses | 326,000 | 604,000 | 932,000 | 1,082,000 |
| Pretax income | 1,640,000 | 3,858,000 | 6,276,000 | 8,771,000 |
| Income tax | 596,000 | 1,480,000 | 2,419,000 | 3,389,000 |
| Net income | 1,044,000 | 2,378,000 | 3,857,000 | 5,382,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,503,000 | 84,850,000 | 86,342,000 | 87,881,000 |
| Total capital | 87,269,000 | 88,894,000 | 90,713,000 | 92,402,000 |
| Risk-weighted assets | 447,922,000 | 485,954,000 | 492,944,000 | 513,640,000 |