Call reports 2013
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2013
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 720,425,000 | 726,398,000 | 743,265,000 | 766,529,000 |
| Total loans | 506,242,000 | 536,991,000 | 533,481,000 | 559,653,000 |
| Allowance for loan losses | 2,473,000 | 2,526,000 | 2,637,000 | 2,353,000 |
| Securities available for sale | 100,816,000 | 88,583,000 | 88,220,000 | 95,995,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 505,000 | 258,000 | 390,000 | 409,000 |
| Total deposits | 639,780,000 | 645,632,000 | 661,003,000 | 670,892,000 |
| Interest-bearing deposits | 543,378,000 | 559,194,000 | 568,515,000 | 574,135,000 |
| Noninterest-bearing deposits | 96,402,000 | 86,438,000 | 92,488,000 | 96,757,000 |
| Equity capital | 76,566,000 | 73,671,000 | 75,962,000 | 75,777,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 6,784,000 | 14,428,000 | 22,412,000 | 29,980,000 |
| Interest expense | 588,000 | 1,194,000 | 1,780,000 | 2,421,000 |
| Net interest income | 6,196,000 | 13,234,000 | 20,632,000 | 27,559,000 |
| Noninterest income | 740,000 | 1,302,000 | 1,680,000 | 2,132,000 |
| Noninterest expense | 4,755,000 | 9,014,000 | 13,669,000 | 18,377,000 |
| Provision for loan losses | 56,000 | 236,000 | 386,000 | 217,000 |
| Pretax income | 2,156,000 | 5,317,000 | 8,289,000 | 11,129,000 |
| Income tax | 846,000 | 2,097,000 | 3,276,000 | 4,398,000 |
| Net income | 1,310,000 | 3,220,000 | 5,013,000 | 6,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,440,000 | 62,956,000 | 65,127,000 | 65,385,000 |
| Total capital | 65,922,000 | 67,991,000 | 68,778,000 | 70,754,000 |
| Risk-weighted assets | 564,425,000 | 598,058,000 | 597,148,000 | 632,509,000 |