Call reports 2021
MARTHA'S VINEYARD BANK — 2021
What MARTHA'S VINEYARD BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,105,454,000 | 1,142,788,000 | 1,204,459,000 | 1,197,585,000 |
| Total loans | 927,176,000 | 950,692,000 | 976,718,000 | 1,021,867,000 |
| Allowance for loan losses | 6,645,000 | 6,778,000 | 7,525,000 | 8,005,000 |
| Securities available for sale | 80,143,000 | 80,782,000 | 96,904,000 | 97,318,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 906,054,000 | 949,634,000 | 1,029,652,000 | 1,037,665,000 |
| Interest-bearing deposits | 655,305,000 | 678,781,000 | 724,177,000 | 739,122,000 |
| Noninterest-bearing deposits | 250,749,000 | 270,853,000 | 305,475,000 | 298,543,000 |
| Equity capital | 115,305,000 | 119,120,000 | 120,809,000 | 121,352,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 9,266,000 | 18,981,000 | 28,849,000 | 39,381,000 |
| Interest expense | 586,000 | 1,174,000 | 1,710,000 | 2,182,000 |
| Net interest income | 8,680,000 | 17,807,000 | 27,139,000 | 37,199,000 |
| Noninterest income | 1,179,000 | 2,917,000 | 4,125,000 | 5,305,000 |
| Noninterest expense | 6,070,000 | 12,117,000 | 18,486,000 | 24,576,000 |
| Provision for loan losses | 125,000 | 425,000 | 1,025,000 | 1,518,000 |
| Pretax income | 3,683,000 | 8,201,000 | 11,781,000 | 16,438,000 |
| Income tax | 956,000 | 2,141,000 | 3,070,000 | 4,722,000 |
| Net income | 2,727,000 | 6,060,000 | 8,711,000 | 11,716,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 118,822,000 | 122,162,000 | 124,823,000 | 125,631,000 |