Call reports 2007
DANVERSBANK — 2007
What DANVERSBANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 1,239,864,000 | 1,261,496,000 | 1,322,671,000 | 1,446,749,000 |
| Total loans | 863,999,000 | 861,440,000 | 876,577,000 | 908,496,000 |
| Allowance for loan losses | 10,453,000 | 10,359,000 | 8,871,000 | 9,096,000 |
| Securities available for sale | 291,463,000 | 307,608,000 | 354,943,000 | 406,715,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 944,766,000 | 972,925,000 | 986,532,000 | 1,162,329,000 |
| Interest-bearing deposits | 901,778,000 | 926,372,000 | 947,008,000 | 958,579,000 |
| Noninterest-bearing deposits | 42,988,000 | 46,553,000 | 39,524,000 | 203,750,000 |
| Equity capital | 95,078,000 | 94,236,000 | 98,672,000 | 101,773,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 18,612,000 | 38,412,000 | 58,833,000 | 80,000,000 |
| Interest expense | 9,596,000 | 19,377,000 | 29,769,000 | 40,389,000 |
| Net interest income | 9,016,000 | 19,035,000 | 29,064,000 | 39,611,000 |
| Noninterest income | 1,262,000 | 2,653,000 | 3,973,000 | 5,409,000 |
| Noninterest expense | 8,390,000 | 17,304,000 | 26,189,000 | 36,361,000 |
| Provision for loan losses | 75,000 | 225,000 | 450,000 | 800,000 |
| Pretax income | 1,813,000 | 4,159,000 | 6,398,000 | 8,240,000 |
| Income tax | 160,000 | 488,000 | 735,000 | 815,000 |
| Net income | 1,653,000 | 3,671,000 | 5,663,000 | 7,425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,503,000 | 96,513,000 | 98,221,000 | 98,962,000 |
| Total capital | 105,956,000 | 106,882,000 | 107,102,000 | 108,068,000 |
| Risk-weighted assets | 923,669,000 | 914,764,000 | 938,011,000 | 984,991,000 |