Call reports 2003
MARBLEHEAD BANK, THE — 2003
What MARBLEHEAD BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 24,930,000 | 27,242,000 | 27,555,000 | 26,358,000 |
| Total loans | 8,601,000 | 7,914,000 | 7,618,000 | 7,682,000 |
| Allowance for loan losses | 83,000 | 83,000 | 83,000 | 83,000 |
| Securities available for sale | 7,644,000 | 9,432,000 | 9,529,000 | 10,100,000 |
| Securities held to maturity | 6,630,000 | 7,099,000 | 7,620,000 | 7,330,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,967,000 | 24,238,000 | 24,602,000 | 22,791,000 |
| Interest-bearing deposits | 17,511,000 | 18,410,000 | 18,888,000 | 18,060,000 |
| Noninterest-bearing deposits | 4,456,000 | 5,828,000 | 5,714,000 | 4,731,000 |
| Equity capital | 2,840,000 | 2,912,000 | 2,917,000 | 2,722,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 281,000 | 559,000 | 834,000 | 1,105,000 |
| Interest expense | 53,000 | 98,000 | 136,000 | 170,000 |
| Net interest income | 228,000 | 461,000 | 698,000 | 935,000 |
| Noninterest income | 40,000 | 102,000 | 168,000 | 207,000 |
| Noninterest expense | 213,000 | 423,000 | 638,000 | 861,000 |
| Provision for loan losses | 1,000 | 1,000 | 1,000 | 1,000 |
| Pretax income | 54,000 | 139,000 | 243,000 | 296,000 |
| Income tax | 2,000 | 16,000 | 31,000 | 26,000 |
| Net income | 52,000 | 123,000 | 212,000 | 270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,733,000 | 2,804,000 | 2,893,000 | 2,691,000 |
| Total capital | 2,816,000 | 2,887,000 | 2,976,000 | 2,774,000 |
| Risk-weighted assets | 13,695,000 | 14,694,000 | 14,791,000 | 14,062,000 |