Call reports 2006
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2006
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 176,202,000 | 169,928,000 | 169,893,000 | 178,117,000 |
| Total loans | 104,314,000 | 94,495,000 | 92,604,000 | 96,350,000 |
| Allowance for loan losses | 1,411,000 | 1,644,000 | 1,644,000 | 1,644,000 |
| Securities available for sale | 56,569,000 | 60,643,000 | 67,513,000 | 69,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,564,000 | 139,705,000 | 139,335,000 | 146,011,000 |
| Interest-bearing deposits | 108,526,000 | 114,598,000 | 116,441,000 | 117,810,000 |
| Noninterest-bearing deposits | 25,038,000 | 25,107,000 | 22,894,000 | 28,201,000 |
| Equity capital | 19,490,000 | 18,947,000 | 19,883,000 | 20,093,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,759,000 | 5,717,000 | 8,706,000 | 11,748,000 |
| Interest expense | 1,036,000 | 2,348,000 | 3,766,000 | 5,259,000 |
| Net interest income | 1,723,000 | 3,369,000 | 4,940,000 | 6,489,000 |
| Noninterest income | 213,000 | 417,000 | 592,000 | 775,000 |
| Noninterest expense | 1,256,000 | 2,474,000 | 3,733,000 | 4,932,000 |
| Provision for loan losses | 30,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 654,000 | 1,255,000 | 1,742,000 | 2,275,000 |
| Income tax | 6,000 | 14,000 | 22,000 | 34,000 |
| Net income | 648,000 | 1,241,000 | 1,720,000 | 2,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,998,000 | 17,191,000 | 16,970,000 | 17,091,000 |
| Total capital | 18,503,000 | 18,626,000 | 18,363,000 | 18,549,000 |
| Risk-weighted assets | 122,589,000 | 114,516,000 | 111,135,000 | 116,341,000 |