Call reports 2014
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2014
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 762,480,000 | 807,811,000 | 778,604,000 | 791,541,000 |
| Total loans | 566,502,000 | 611,084,000 | 581,773,000 | 574,873,000 |
| Allowance for loan losses | 2,154,000 | 2,079,000 | 2,313,000 | 2,594,000 |
| Securities available for sale | 86,548,000 | 86,546,000 | 87,819,000 | 87,807,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 404,000 | 536,000 | 430,000 | 514,000 |
| Total deposits | 674,864,000 | 707,694,000 | 680,066,000 | 676,112,000 |
| Interest-bearing deposits | 586,773,000 | 608,932,000 | 581,046,000 | 577,000,000 |
| Noninterest-bearing deposits | 88,091,000 | 98,762,000 | 99,020,000 | 99,112,000 |
| Equity capital | 79,045,000 | 81,317,000 | 82,313,000 | 83,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,838,000 | 15,767,000 | 23,294,000 | 29,984,000 |
| Interest expense | 654,000 | 1,388,000 | 2,223,000 | 3,070,000 |
| Net interest income | 7,184,000 | 14,379,000 | 21,071,000 | 26,914,000 |
| Noninterest income | 566,000 | 1,060,000 | 1,571,000 | 2,207,000 |
| Noninterest expense | 3,689,000 | 8,773,000 | 13,932,000 | 19,012,000 |
| Provision for loan losses | -122,000 | 11,000 | 464,000 | 1,131,000 |
| Pretax income | 4,186,000 | 6,659,000 | 8,249,000 | 8,970,000 |
| Income tax | 1,640,000 | 2,606,000 | 3,222,000 | 3,503,000 |
| Net income | 2,546,000 | 4,053,000 | 5,027,000 | 5,467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,022,000 | 69,626,000 | 70,694,000 | 71,197,000 |
| Total capital | 74,192,000 | 75,725,000 | 78,524,000 | 73,808,000 |
| Risk-weighted assets | 643,313,000 | 680,028,000 | 652,501,000 | 652,287,000 |