Call reports 2004
MARBLEHEAD BANK, THE — 2004
What MARBLEHEAD BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 24,844,000 | 25,576,000 | 25,786,000 | 24,952,000 |
| Total loans | 7,942,000 | 8,302,000 | 9,440,000 | 9,682,000 |
| Allowance for loan losses | 83,000 | 84,000 | 85,000 | 87,000 |
| Securities available for sale | 8,559,000 | 8,842,000 | 8,457,000 | 7,207,000 |
| Securities held to maturity | 6,965,000 | 6,809,000 | 6,142,000 | 6,058,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,880,000 | 22,814,000 | 22,879,000 | 22,183,000 |
| Interest-bearing deposits | 17,728,000 | 17,671,000 | 18,710,000 | 18,071,000 |
| Noninterest-bearing deposits | 4,152,000 | 5,143,000 | 4,169,000 | 4,112,000 |
| Equity capital | 2,821,000 | 2,730,000 | 2,874,000 | 2,714,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 266,000 | 526,000 | 798,000 | 1,075,000 |
| Interest expense | 33,000 | 60,000 | 89,000 | 122,000 |
| Net interest income | 233,000 | 466,000 | 709,000 | 953,000 |
| Noninterest income | 38,000 | 81,000 | 130,000 | 168,000 |
| Noninterest expense | 214,000 | 436,000 | 670,000 | 897,000 |
| Provision for loan losses | 0 | 1,000 | 2,000 | 4,000 |
| Pretax income | 62,000 | 115,000 | 172,000 | 241,000 |
| Income tax | 3,000 | 3,000 | 4,000 | 5,000 |
| Net income | 59,000 | 112,000 | 168,000 | 236,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,750,000 | 2,803,000 | 2,859,000 | 2,727,000 |
| Total capital | 2,833,000 | 2,887,000 | 2,944,000 | 2,814,000 |
| Risk-weighted assets | 13,855,000 | 14,383,000 | 14,809,000 | 14,749,000 |