Call reports 2002
MARBLEHEAD BANK, THE — 2002
What MARBLEHEAD BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 24,783,000 | 26,772,000 | 25,167,000 | 24,673,000 |
| Total loans | 7,956,000 | 8,017,000 | 8,175,000 | 8,076,000 |
| Allowance for loan losses | 78,000 | 79,000 | 81,000 | 82,000 |
| Securities available for sale | 5,801,000 | 7,338,000 | 7,654,000 | 7,561,000 |
| Securities held to maturity | 7,263,000 | 7,095,000 | 6,997,000 | 6,787,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,010,000 | 23,842,000 | 22,089,000 | 21,485,000 |
| Interest-bearing deposits | 17,038,000 | 17,826,000 | 17,828,000 | 17,304,000 |
| Noninterest-bearing deposits | 4,972,000 | 6,016,000 | 4,261,000 | 4,181,000 |
| Equity capital | 2,702,000 | 2,867,000 | 3,006,000 | 2,803,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 310,000 | 621,000 | 938,000 | 1,234,000 |
| Interest expense | 81,000 | 157,000 | 233,000 | 300,000 |
| Net interest income | 229,000 | 464,000 | 705,000 | 934,000 |
| Noninterest income | 42,000 | 86,000 | 143,000 | 206,000 |
| Noninterest expense | 209,000 | 410,000 | 613,000 | 830,000 |
| Provision for loan losses | 1,000 | 2,000 | 4,000 | 5,000 |
| Pretax income | 88,000 | 165,000 | 258,000 | 332,000 |
| Income tax | 15,000 | 25,000 | 41,000 | 52,000 |
| Net income | 73,000 | 140,000 | 217,000 | 280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,753,000 | 2,821,000 | 2,898,000 | 2,681,000 |
| Total capital | 2,831,000 | 2,900,000 | 2,979,000 | 2,763,000 |
| Risk-weighted assets | 13,352,000 | 13,844,000 | 13,342,000 | 13,033,000 |