Call reports 2015
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2015
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 792,111,000 | 867,372,000 | 869,949,000 | 989,974,000 |
| Total loans | 591,207,000 | 661,206,000 | 661,922,000 | 704,470,000 |
| Allowance for loan losses | 2,506,000 | 2,663,000 | 2,571,000 | 3,116,000 |
| Securities available for sale | 88,954,000 | 97,963,000 | 92,661,000 | 97,880,000 |
| Securities held to maturity | 0 | 0 | 0 | 36,759,000 |
| Trading assets | 715,000 | 581,000 | 936,000 | 566,000 |
| Total deposits | 693,861,000 | 741,595,000 | 744,865,000 | 811,488,000 |
| Interest-bearing deposits | 591,676,000 | 621,437,000 | 630,932,000 | 683,109,000 |
| Noninterest-bearing deposits | 102,185,000 | 120,158,000 | 113,933,000 | 128,379,000 |
| Equity capital | 84,772,000 | 84,846,000 | 86,266,000 | 88,339,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 6,648,000 | 13,628,000 | 20,758,000 | 28,484,000 |
| Interest expense | 846,000 | 1,817,000 | 2,882,000 | 3,968,000 |
| Net interest income | 5,802,000 | 11,811,000 | 17,876,000 | 24,516,000 |
| Noninterest income | 676,000 | 1,099,000 | 2,000,000 | 3,252,000 |
| Noninterest expense | 5,025,000 | 9,871,000 | 15,337,000 | 21,653,000 |
| Provision for loan losses | 115,000 | 136,000 | 362,000 | 1,004,000 |
| Pretax income | 1,346,000 | 2,913,000 | 4,185,000 | 5,119,000 |
| Income tax | 512,000 | 1,112,000 | 1,584,000 | 1,943,000 |
| Net income | 834,000 | 1,801,000 | 2,601,000 | 3,176,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,291,000 | 73,353,000 | 74,226,000 | 76,708,000 |
| Total capital | 74,816,000 | 76,031,000 | 76,811,000 | 79,843,000 |
| Risk-weighted assets | 678,677,000 | 747,349,000 | 761,551,000 | 834,419,000 |