Call reports 2007
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2007
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 158,403,000 | 159,664,000 | 167,181,000 | 162,041,000 |
| Total loans | 98,771,000 | 117,567,000 | 126,549,000 | 121,178,000 |
| Allowance for loan losses | 654,000 | 801,000 | 868,000 | 888,000 |
| Securities available for sale | 30,827,000 | 24,944,000 | 24,694,000 | 24,708,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,958,000 | 139,095,000 | 139,911,000 | 144,960,000 |
| Interest-bearing deposits | 134,060,000 | 131,206,000 | 130,783,000 | 136,965,000 |
| Noninterest-bearing deposits | 8,898,000 | 7,889,000 | 9,128,000 | 7,995,000 |
| Equity capital | 14,731,000 | 14,024,000 | 14,284,000 | 14,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,394,000 | 4,817,000 | 7,429,000 | 10,000,000 |
| Interest expense | 1,430,000 | 2,833,000 | 4,349,000 | 5,831,000 |
| Net interest income | 964,000 | 1,984,000 | 3,080,000 | 4,169,000 |
| Noninterest income | 79,000 | 157,000 | 243,000 | 359,000 |
| Noninterest expense | 1,091,000 | 2,217,000 | 3,307,000 | 4,494,000 |
| Provision for loan losses | 0 | 212,000 | 559,000 | 979,000 |
| Pretax income | -48,000 | -278,000 | -533,000 | -935,000 |
| Income tax | -25,000 | -121,000 | -220,000 | -380,000 |
| Net income | -23,000 | -157,000 | -313,000 | -555,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,059,000 | 14,940,000 | 14,799,000 | 14,629,000 |
| Total capital | 15,715,000 | 15,743,000 | 15,667,000 | 15,521,000 |
| Risk-weighted assets | 117,797,000 | 131,373,000 | 138,690,000 | 132,050,000 |