Call reports 2004
DANVERSBANK — 2004
What DANVERSBANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 959,115,000 | 975,906,000 | 1,040,484,000 | 1,033,255,000 |
| Total loans | 668,137,000 | 672,812,000 | 687,260,000 | 701,482,000 |
| Allowance for loan losses | 8,581,000 | 8,516,000 | 8,691,000 | 8,960,000 |
| Securities available for sale | 218,670,000 | 210,009,000 | 270,434,000 | 257,598,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 728,405,000 | 755,707,000 | 806,149,000 | 793,643,000 |
| Interest-bearing deposits | 641,775,000 | 664,421,000 | 761,786,000 | 738,833,000 |
| Noninterest-bearing deposits | 86,630,000 | 91,286,000 | 44,363,000 | 54,810,000 |
| Equity capital | 75,115,000 | 71,236,000 | 74,649,000 | 74,835,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 11,566,000 | 23,532,000 | 35,867,000 | 48,557,000 |
| Interest expense | 3,439,000 | 7,224,000 | 11,286,000 | 15,365,000 |
| Net interest income | 8,127,000 | 16,308,000 | 24,581,000 | 33,192,000 |
| Noninterest income | 1,407,000 | 2,709,000 | 4,066,000 | 5,667,000 |
| Noninterest expense | 7,249,000 | 14,639,000 | 21,861,000 | 29,559,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 750,000 |
| Pretax income | 2,245,000 | 4,209,000 | 6,511,000 | 8,749,000 |
| Income tax | 621,000 | 1,132,000 | 1,758,000 | 2,165,000 |
| Net income | 1,624,000 | 3,077,000 | 4,753,000 | 6,584,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,010,000 | 73,675,000 | 75,295,000 | 76,314,000 |
| Total capital | 81,601,000 | 82,201,000 | 83,996,000 | 85,284,000 |
| Risk-weighted assets | 722,344,000 | 726,924,000 | 751,953,000 | 756,130,000 |