Call reports 2023
MARTHA'S VINEYARD BANK — 2023
What MARTHA'S VINEYARD BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,315,033,000 | 1,340,291,000 | 1,325,939,000 | 1,331,717,000 |
| Total loans | 1,166,218,000 | 1,176,171,000 | 1,170,282,000 | 1,171,879,000 |
| Allowance for loan losses | 8,964,000 | 9,266,000 | 9,116,000 | 9,114,000 |
| Securities available for sale | 85,516,000 | 84,815,000 | 81,760,000 | 86,509,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,112,849,000 | 1,087,770,000 | 1,069,213,000 | 1,059,235,000 |
| Interest-bearing deposits | 840,539,000 | 803,132,000 | 760,538,000 | 802,715,000 |
| Noninterest-bearing deposits | 272,310,000 | 284,638,000 | 308,675,000 | 256,520,000 |
| Equity capital | 124,901,000 | 125,051,000 | 124,564,000 | 129,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 12,406,000 | 25,446,000 | 38,637,000 | 52,043,000 |
| Interest expense | 3,377,000 | 8,024,000 | 12,528,000 | 17,967,000 |
| Net interest income | 9,029,000 | 17,422,000 | 26,109,000 | 34,076,000 |
| Noninterest income | 1,391,000 | 2,724,000 | 4,385,000 | 5,849,000 |
| Noninterest expense | 6,485,000 | 13,073,000 | 20,371,000 | 28,042,000 |
| Provision for loan losses | 90,000 | 392,000 | 242,000 | 242,000 |
| Pretax income | 3,845,000 | 6,675,000 | 10,025,000 | 11,735,000 |
| Income tax | 997,000 | 1,714,000 | 2,575,000 | 3,001,000 |
| Net income | 2,848,000 | 4,961,000 | 7,450,000 | 8,734,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 138,339,000 | 139,453,000 | 141,941,000 | 142,723,000 |