Call reports 2008
MARBLEHEAD BANK, THE — 2008
What MARBLEHEAD BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 30,052,000 | 31,210,000 | 31,369,000 | 30,425,000 |
| Total loans | 12,483,000 | 12,632,000 | 12,536,000 | 12,560,000 |
| Allowance for loan losses | 115,000 | 118,000 | 121,000 | 144,000 |
| Securities available for sale | 9,540,000 | 10,236,000 | 10,779,000 | 11,289,000 |
| Securities held to maturity | 4,546,000 | 4,528,000 | 4,513,000 | 4,123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,886,000 | 28,172,000 | 28,184,000 | 27,075,000 |
| Interest-bearing deposits | 23,239,000 | 23,231,000 | 23,326,000 | 22,771,000 |
| Noninterest-bearing deposits | 3,647,000 | 4,941,000 | 4,858,000 | 4,304,000 |
| Equity capital | 2,984,000 | 2,941,000 | 3,060,000 | 3,205,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 392,000 | 781,000 | 1,165,000 | 1,548,000 |
| Interest expense | 121,000 | 222,000 | 313,000 | 396,000 |
| Net interest income | 271,000 | 559,000 | 852,000 | 1,152,000 |
| Noninterest income | 28,000 | 63,000 | 104,000 | 137,000 |
| Noninterest expense | 229,000 | 459,000 | 693,000 | 944,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 37,000 |
| Pretax income | 69,000 | 159,000 | 256,000 | 312,000 |
| Income tax | 7,000 | 18,000 | 32,000 | 41,000 |
| Net income | 62,000 | 141,000 | 224,000 | 271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,920,000 | 2,999,000 | 3,082,000 | 3,129,000 |
| Total capital | 3,035,000 | 3,117,000 | 3,203,000 | 3,273,000 |
| Risk-weighted assets | 17,936,000 | 18,558,000 | 18,223,000 | 17,515,000 |