Call reports 2002
DANVERSBANK — 2002
What DANVERSBANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 724,146,000 | 741,667,000 | 760,037,000 | 803,246,000 |
| Total loans | 573,580,000 | 576,125,000 | 572,867,000 | 563,326,000 |
| Allowance for loan losses | 7,287,000 | 7,504,000 | 7,168,000 | 7,923,000 |
| Securities available for sale | 54,186,000 | 95,098,000 | 120,342,000 | 180,640,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 568,102,000 | 592,816,000 | 610,358,000 | 629,461,000 |
| Interest-bearing deposits | 510,395,000 | 522,479,000 | 537,044,000 | 555,202,000 |
| Noninterest-bearing deposits | 57,707,000 | 70,337,000 | 73,314,000 | 74,259,000 |
| Equity capital | 56,240,000 | 58,589,000 | 60,736,000 | 61,824,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 11,603,000 | 23,408,000 | 35,299,000 | 47,325,000 |
| Interest expense | 4,867,000 | 9,328,000 | 13,573,000 | 17,697,000 |
| Net interest income | 6,736,000 | 14,080,000 | 21,726,000 | 29,628,000 |
| Noninterest income | 1,587,000 | 3,538,000 | 5,821,000 | 7,241,000 |
| Noninterest expense | 6,563,000 | 13,765,000 | 21,362,000 | 29,238,000 |
| Provision for loan losses | 300,000 | 600,000 | 1,000,000 | 1,800,000 |
| Pretax income | 1,342,000 | 3,185,000 | 5,134,000 | 5,991,000 |
| Income tax | 193,000 | 563,000 | 1,086,000 | 426,000 |
| Net income | 1,149,000 | 2,622,000 | 4,048,000 | 5,565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,275,000 | 56,625,000 | 58,099,000 | 58,972,000 |
| Total capital | 62,213,000 | 63,695,000 | 65,277,000 | 66,389,000 |
| Risk-weighted assets | 552,458,000 | 564,385,000 | 575,614,000 | 592,024,000 |