Call reports 2019
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2019
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,399,538,000 | 1,481,585,000 | 1,585,403,000 | 1,631,134,000 |
| Total loans | 1,126,777,000 | 1,195,889,000 | 1,259,072,000 | 1,316,499,000 |
| Allowance for loan losses | 5,280,000 | 5,479,000 | 5,735,000 | 5,862,000 |
| Securities available for sale | 77,680,000 | 75,363,000 | 74,584,000 | 132,678,000 |
| Securities held to maturity | 30,527,000 | 39,496,000 | 34,477,000 | 28,948,000 |
| Trading assets | 958,000 | 1,236,000 | 1,522,000 | 1,192,000 |
| Total deposits | 1,201,341,000 | 1,275,560,000 | 1,369,778,000 | 1,410,010,000 |
| Interest-bearing deposits | 1,020,972,000 | 1,065,825,000 | 1,136,610,000 | 1,199,605,000 |
| Noninterest-bearing deposits | 180,369,000 | 209,735,000 | 233,168,000 | 210,405,000 |
| Equity capital | 156,935,000 | 165,360,000 | 173,777,000 | 177,916,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 14,291,000 | 29,456,000 | 45,226,000 | 61,331,000 |
| Interest expense | 3,263,000 | 6,831,000 | 10,547,000 | 14,230,000 |
| Net interest income | 11,028,000 | 22,625,000 | 34,679,000 | 47,101,000 |
| Noninterest income | 5,538,000 | 10,424,000 | 16,022,000 | 21,796,000 |
| Noninterest expense | 11,690,000 | 22,310,000 | 32,692,000 | 45,699,000 |
| Provision for loan losses | 481,000 | 779,000 | 1,123,000 | 1,241,000 |
| Pretax income | 4,385,000 | 9,964,000 | 16,904,000 | 21,975,000 |
| Income tax | 1,027,000 | 2,533,000 | 4,355,000 | 5,726,000 |
| Net income | 3,358,000 | 7,431,000 | 12,549,000 | 16,249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 144,505,000 | 152,733,000 | 160,973,000 | 164,827,000 |
| Total capital | 149,817,000 | 158,246,000 | 166,738,000 | 170,716,000 |
| Risk-weighted assets | 1,296,232,000 | 1,352,165,000 | 1,461,098,000 | 1,488,383,000 |