Call reports 2010
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2010
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 327,367,000 | 364,291,000 | 365,153,000 | 355,947,000 |
| Total loans | 206,801,000 | 243,907,000 | 279,180,000 | 264,788,000 |
| Allowance for loan losses | 2,016,000 | 2,582,000 | 2,513,000 | 2,613,000 |
| Securities available for sale | 14,873,000 | 29,406,000 | 34,309,000 | 37,466,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 292,275,000 | 329,215,000 | 325,823,000 | 317,730,000 |
| Interest-bearing deposits | 265,747,000 | 281,256,000 | 298,693,000 | 299,082,000 |
| Noninterest-bearing deposits | 26,528,000 | 47,959,000 | 27,130,000 | 18,648,000 |
| Equity capital | 28,011,000 | 33,515,000 | 34,609,000 | 35,317,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,076,000 | 6,494,000 | 10,240,000 | 14,463,000 |
| Interest expense | 1,029,000 | 1,946,000 | 2,781,000 | 3,511,000 |
| Net interest income | 2,047,000 | 4,548,000 | 7,459,000 | 10,952,000 |
| Noninterest income | 132,000 | 307,000 | 466,000 | 620,000 |
| Noninterest expense | 2,108,000 | 4,347,000 | 6,859,000 | 8,776,000 |
| Provision for loan losses | 565,000 | 2,103,000 | 2,704,000 | 2,979,000 |
| Pretax income | -494,000 | -1,595,000 | -1,512,000 | -56,000 |
| Income tax | -191,000 | -617,000 | -587,000 | -22,000 |
| Net income | -303,000 | -978,000 | -925,000 | -34,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,819,000 | 33,167,000 | 34,242,000 | 35,170,000 |
| Total capital | 34,840,000 | 35,754,000 | 38,760,000 | 37,788,000 |
| Risk-weighted assets | 223,917,000 | 261,888,000 | 301,333,000 | 292,766,000 |