Call reports 2020
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2020
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,679,218,000 | 1,753,946,000 | 1,761,899,000 | 1,718,636,000 |
| Total loans | 1,331,551,000 | 1,411,966,000 | 1,440,989,000 | 1,435,124,000 |
| Allowance for loan losses | 8,131,000 | 12,802,000 | 13,252,000 | 12,642,000 |
| Securities available for sale | 135,379,000 | 126,407,000 | 101,912,000 | 87,339,000 |
| Securities held to maturity | 27,617,000 | 19,596,000 | 9,336,000 | 7,715,000 |
| Trading assets | 4,578,000 | 4,996,000 | 4,620,000 | 3,866,000 |
| Total deposits | 1,418,605,000 | 1,523,728,000 | 1,530,200,000 | 1,482,737,000 |
| Interest-bearing deposits | 1,218,248,000 | 1,246,868,000 | 1,171,243,000 | 1,136,657,000 |
| Noninterest-bearing deposits | 200,357,000 | 276,860,000 | 358,957,000 | 346,080,000 |
| Equity capital | 174,281,000 | 175,318,000 | 180,277,000 | 185,657,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 15,487,000 | 30,575,000 | 44,653,000 | 58,655,000 |
| Interest expense | 3,483,000 | 6,135,000 | 8,143,000 | 9,789,000 |
| Net interest income | 12,004,000 | 24,440,000 | 36,510,000 | 48,866,000 |
| Noninterest income | 5,454,000 | 11,276,000 | 17,023,000 | 23,220,000 |
| Noninterest expense | 11,901,000 | 24,278,000 | 34,748,000 | 46,457,000 |
| Provision for loan losses | 1,881,000 | 6,734,000 | 7,368,000 | 7,034,000 |
| Pretax income | 3,678,000 | 4,837,000 | 11,569,000 | 18,747,000 |
| Income tax | 1,032,000 | 1,379,000 | 3,181,000 | 5,001,000 |
| Net income | 2,646,000 | 3,458,000 | 8,388,000 | 13,746,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 160,902,000 | 163,111,000 | 168,162,000 | 173,168,000 |
| Total capital | 168,449,000 | 174,699,000 | 179,918,000 | 184,270,000 |
| Risk-weighted assets | 1,495,074,000 | 1,498,730,000 | 1,493,739,000 | 1,525,210,000 |