Call reports 2003
DANVERSBANK — 2003
What DANVERSBANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 820,226,000 | 834,645,000 | 902,372,000 | 875,405,000 |
| Total loans | 585,738,000 | 614,161,000 | 616,251,000 | 626,705,000 |
| Allowance for loan losses | 8,171,000 | 8,465,000 | 8,495,000 | 9,008,000 |
| Securities available for sale | 170,560,000 | 151,252,000 | 212,583,000 | 176,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 641,554,000 | 663,011,000 | 658,213,000 | 645,637,000 |
| Interest-bearing deposits | 569,925,000 | 573,115,000 | 563,273,000 | 564,921,000 |
| Noninterest-bearing deposits | 71,629,000 | 89,896,000 | 94,940,000 | 80,716,000 |
| Equity capital | 59,976,000 | 61,659,000 | 62,646,000 | 72,458,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 11,366,000 | 22,770,000 | 34,247,000 | 45,487,000 |
| Interest expense | 3,852,000 | 7,371,000 | 10,550,000 | 13,777,000 |
| Net interest income | 7,514,000 | 15,399,000 | 23,697,000 | 31,710,000 |
| Noninterest income | 1,180,000 | 2,512,000 | 3,650,000 | 4,789,000 |
| Noninterest expense | 6,958,000 | 14,108,000 | 20,994,000 | 27,904,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,700,000 |
| Pretax income | 1,615,000 | 3,489,000 | 5,722,000 | 7,293,000 |
| Income tax | 2,959,000 | 2,767,000 | 3,471,000 | 3,420,000 |
| Net income | -1,344,000 | 722,000 | 2,251,000 | 3,873,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,654,000 | 59,072,000 | 60,665,000 | 71,409,000 |
| Total capital | 65,339,000 | 67,185,000 | 68,969,000 | 79,720,000 |
| Risk-weighted assets | 613,491,000 | 648,352,000 | 663,335,000 | 663,406,000 |