Call reports 2016
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2016
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,012,446,000 | 1,079,376,000 | 1,136,403,000 | 1,116,947,000 |
| Total loans | 730,757,000 | 783,719,000 | 845,091,000 | 840,118,000 |
| Allowance for loan losses | 3,194,000 | 3,695,000 | 4,356,000 | 4,322,000 |
| Securities available for sale | 60,639,000 | 46,114,000 | 96,108,000 | 90,775,000 |
| Securities held to maturity | 34,709,000 | 37,742,000 | 37,716,000 | 17,404,000 |
| Trading assets | 1,018,000 | 1,443,000 | 1,264,000 | 576,000 |
| Total deposits | 835,535,000 | 856,085,000 | 912,884,000 | 973,123,000 |
| Interest-bearing deposits | 691,593,000 | 686,218,000 | 734,258,000 | 800,895,000 |
| Noninterest-bearing deposits | 143,942,000 | 169,867,000 | 178,626,000 | 172,228,000 |
| Equity capital | 94,649,000 | 119,415,000 | 123,468,000 | 122,443,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,030,000 | 16,415,000 | 25,407,000 | 33,813,000 |
| Interest expense | 1,114,000 | 2,190,000 | 3,267,000 | 4,273,000 |
| Net interest income | 6,916,000 | 14,225,000 | 22,140,000 | 29,540,000 |
| Noninterest income | 2,865,000 | 6,529,000 | 10,379,000 | 14,424,000 |
| Noninterest expense | 7,705,000 | 17,865,000 | 27,430,000 | 37,488,000 |
| Provision for loan losses | 153,000 | 795,000 | 1,701,000 | 1,574,000 |
| Pretax income | 1,917,000 | 2,159,000 | 3,435,000 | 4,943,000 |
| Income tax | 713,000 | 777,000 | 1,250,000 | 1,836,000 |
| Net income | 1,204,000 | 1,382,000 | 2,185,000 | 3,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,919,000 | 106,246,000 | 110,180,000 | 111,281,000 |
| Total capital | 85,131,000 | 109,962,000 | 114,564,000 | 115,638,000 |
| Risk-weighted assets | 879,181,000 | 950,769,000 | 1,026,413,000 | 1,012,346,000 |