Call reports 2008
DANVERSBANK — 2008
What DANVERSBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,575,171,000 | 1,503,327,000 | 1,596,256,000 | 1,724,116,000 |
| Total loans | 970,789,000 | 1,000,380,000 | 1,074,072,000 | 1,118,967,000 |
| Allowance for loan losses | 9,443,000 | 10,320,000 | 11,046,000 | 12,133,000 |
| Securities available for sale | 457,998,000 | 363,946,000 | 376,843,000 | 490,845,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,190,699,000 | 1,112,760,000 | 1,194,517,000 | 1,187,730,000 |
| Interest-bearing deposits | 1,076,628,000 | 995,114,000 | 1,080,540,000 | 1,066,306,000 |
| Noninterest-bearing deposits | 114,071,000 | 117,646,000 | 113,977,000 | 121,424,000 |
| Equity capital | 175,278,000 | 172,065,000 | 171,693,000 | 176,755,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 21,237,000 | 42,375,000 | 63,367,000 | 85,530,000 |
| Interest expense | 10,241,000 | 19,047,000 | 28,149,000 | 37,702,000 |
| Net interest income | 10,996,000 | 23,328,000 | 35,218,000 | 47,828,000 |
| Noninterest income | 1,514,000 | 3,005,000 | 4,473,000 | 6,107,000 |
| Noninterest expense | 14,803,000 | 25,527,000 | 36,059,000 | 48,398,000 |
| Provision for loan losses | 600,000 | 1,675,000 | 2,725,000 | 4,225,000 |
| Pretax income | -2,121,000 | 45,000 | 1,794,000 | 2,233,000 |
| Income tax | -3,700,000 | -2,360,000 | -625,000 | -528,000 |
| Net income | 1,579,000 | 2,405,000 | 2,419,000 | 2,761,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 170,454,000 | 171,489,000 | 171,707,000 | 172,315,000 |
| Total capital | 179,907,000 | 181,819,000 | 182,763,000 | 184,458,000 |
| Risk-weighted assets | 1,063,834,000 | 1,096,209,000 | 1,165,775,000 | 1,220,097,000 |