Call reports 2022
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2022
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,825,988,000 | 1,900,945,000 | 2,048,886,000 | 2,119,862,000 |
| Total loans | 1,520,283,000 | 1,624,723,000 | 1,647,500,000 | 1,718,550,000 |
| Allowance for loan losses | 12,171,000 | 12,397,000 | 12,350,000 | 13,148,000 |
| Securities available for sale | 43,299,000 | 37,386,000 | 34,569,000 | 35,456,000 |
| Securities held to maturity | 104,963,000 | 103,513,000 | 102,546,000 | 103,676,000 |
| Trading assets | 1,817,000 | 2,989,000 | 5,690,000 | 5,474,000 |
| Total deposits | 1,587,886,000 | 1,659,428,000 | 1,745,069,000 | 1,823,601,000 |
| Interest-bearing deposits | 1,191,543,000 | 1,241,861,000 | 1,329,442,000 | 1,451,175,000 |
| Noninterest-bearing deposits | 396,343,000 | 417,567,000 | 415,627,000 | 372,426,000 |
| Equity capital | 195,548,000 | 203,010,000 | 206,874,000 | 213,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 13,078,000 | 27,568,000 | 46,495,000 | 70,497,000 |
| Interest expense | 756,000 | 1,534,000 | 3,563,000 | 7,913,000 |
| Net interest income | 12,322,000 | 26,034,000 | 42,932,000 | 62,584,000 |
| Noninterest income | 7,444,000 | 14,618,000 | 21,617,000 | 29,412,000 |
| Noninterest expense | 13,012,000 | 26,051,000 | 39,881,000 | 55,545,000 |
| Provision for loan losses | 1,767,000 | 2,562,000 | 2,811,000 | 5,006,000 |
| Pretax income | 4,492,000 | 10,210,000 | 19,433,000 | 27,232,000 |
| Income tax | 1,167,000 | 2,754,000 | 5,223,000 | 7,289,000 |
| Net income | 3,325,000 | 7,456,000 | 14,210,000 | 19,943,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 182,751,000 | 191,286,000 | 200,563,000 | 206,714,000 |
| Total capital | 195,340,000 | 205,345,000 | 215,054,000 | 223,808,000 |
| Risk-weighted assets | 1,739,829,000 | 1,859,302,000 | 1,905,651,000 | 1,952,366,000 |