Call reports 2004
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2004
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Total assets | 37,204,000 | 49,921,000 | 84,263,000 |
| Total loans | 24,501,000 | 33,699,000 | 41,956,000 |
| Allowance for loan losses | 99,000 | 206,000 | 282,000 |
| Securities available for sale | 5,250,000 | 3,330,000 | 36,024,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 26,849,000 | 41,693,000 | 58,006,000 |
| Interest-bearing deposits | 26,019,000 | 39,701,000 | 54,561,000 |
| Noninterest-bearing deposits | 830,000 | 1,992,000 | 3,445,000 |
| Equity capital | 8,145,000 | 7,991,000 | 7,958,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Interest income | 169,000 | 666,000 | 1,521,000 |
| Interest expense | 79,000 | 283,000 | 637,000 |
| Net interest income | 90,000 | 383,000 | 884,000 |
| Noninterest income | 23,000 | 85,000 | 374,000 |
| Noninterest expense | 511,000 | 1,088,000 | 1,686,000 |
| Provision for loan losses | 99,000 | 207,000 | 284,000 |
| Pretax income | -497,000 | -825,000 | -717,000 |
| Income tax | -189,000 | -313,000 | -274,000 |
| Net income | -308,000 | -512,000 | -443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Tier 1 capital | 8,192,000 | 7,988,000 | 8,057,000 |
| Total capital | 8,291,000 | 8,194,000 | 8,339,000 |
| Risk-weighted assets | 28,799,000 | 38,930,000 | 50,128,000 |