Call reports 2017
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2017
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,143,250,000 | 1,222,629,000 | 1,201,971,000 | 1,224,392,000 |
| Total loans | 890,620,000 | 955,318,000 | 940,393,000 | 958,032,000 |
| Allowance for loan losses | 5,025,000 | 4,952,000 | 5,026,000 | 4,922,000 |
| Securities available for sale | 89,405,000 | 85,156,000 | 78,374,000 | 76,781,000 |
| Securities held to maturity | 17,290,000 | 26,970,000 | 26,943,000 | 26,915,000 |
| Trading assets | 699,000 | 732,000 | 693,000 | 626,000 |
| Total deposits | 966,315,000 | 1,011,466,000 | 1,013,310,000 | 1,015,338,000 |
| Interest-bearing deposits | 793,024,000 | 832,109,000 | 832,723,000 | 821,619,000 |
| Noninterest-bearing deposits | 173,291,000 | 179,357,000 | 180,587,000 | 193,719,000 |
| Equity capital | 125,257,000 | 136,398,000 | 139,095,000 | 139,631,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 8,814,000 | 18,455,000 | 28,824,000 | 39,121,000 |
| Interest expense | 926,000 | 2,045,000 | 3,313,000 | 4,592,000 |
| Net interest income | 7,888,000 | 16,410,000 | 25,511,000 | 34,529,000 |
| Noninterest income | 5,168,000 | 9,423,000 | 13,855,000 | 18,427,000 |
| Noninterest expense | 8,582,000 | 17,483,000 | 26,555,000 | 37,505,000 |
| Provision for loan losses | 787,000 | 814,000 | 1,166,000 | 1,143,000 |
| Pretax income | 3,651,000 | 7,505,000 | 11,614,000 | 14,277,000 |
| Income tax | 1,296,000 | 2,737,000 | 4,277,000 | 560,000 |
| Net income | 2,355,000 | 4,768,000 | 7,337,000 | 13,717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,704,000 | 124,305,000 | 127,022,000 | 127,561,000 |
| Total capital | 118,758,000 | 129,286,000 | 132,083,000 | 132,516,000 |
| Risk-weighted assets | 1,065,883,000 | 1,137,942,000 | 1,107,910,000 | 1,128,104,000 |