Call reports 2020
MARTHA'S VINEYARD BANK — 2020
What MARTHA'S VINEYARD BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 864,925,000 | 969,258,000 | 1,030,389,000 | 1,036,709,000 |
| Total loans | 728,985,000 | 803,968,000 | 828,216,000 | 863,536,000 |
| Allowance for loan losses | 5,320,000 | 6,120,000 | 6,320,000 | 6,520,000 |
| Securities available for sale | 63,581,000 | 66,153,000 | 71,037,000 | 84,345,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 694,942,000 | 785,561,000 | 854,164,000 | 859,286,000 |
| Interest-bearing deposits | 559,516,000 | 590,634,000 | 620,776,000 | 634,372,000 |
| Noninterest-bearing deposits | 135,426,000 | 194,927,000 | 233,388,000 | 224,914,000 |
| Equity capital | 110,217,000 | 111,957,000 | 114,362,000 | 116,005,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 8,541,000 | 17,088,000 | 25,886,000 | 35,326,000 |
| Interest expense | 1,351,000 | 2,358,000 | 3,202,000 | 3,923,000 |
| Net interest income | 7,190,000 | 14,730,000 | 22,684,000 | 31,403,000 |
| Noninterest income | 1,150,000 | 1,845,000 | 2,941,000 | 3,896,000 |
| Noninterest expense | 5,316,000 | 10,852,000 | 16,431,000 | 23,508,000 |
| Provision for loan losses | 200,000 | 1,000,000 | 1,200,000 | 1,400,000 |
| Pretax income | 2,824,000 | 4,860,000 | 8,131,000 | 10,528,000 |
| Income tax | 754,000 | 1,265,000 | 2,144,000 | 2,812,000 |
| Net income | 2,070,000 | 3,595,000 | 5,987,000 | 7,716,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,448,000 | 111,995,000 | 114,398,000 | 116,137,000 |