Call reports 2007
METHUEN CO-OPERATIVE BANK — 2007
What METHUEN CO-OPERATIVE BANK 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 | 72,806,000 | 72,317,000 | 71,673,000 | 71,884,000 |
| Total loans | 41,863,000 | 42,953,000 | 44,132,000 | 44,777,000 |
| Allowance for loan losses | 340,000 | 340,000 | 340,000 | 341,000 |
| Securities available for sale | 319,000 | 1,206,000 | 1,213,000 | 1,459,000 |
| Securities held to maturity | 18,465,000 | 17,334,000 | 16,497,000 | 16,622,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,529,000 | 63,977,000 | 63,283,000 | 63,429,000 |
| Interest-bearing deposits | 61,411,000 | 60,358,000 | 59,588,000 | 60,142,000 |
| Noninterest-bearing deposits | 3,118,000 | 3,619,000 | 3,695,000 | 3,287,000 |
| Equity capital | 8,230,000 | 8,276,000 | 8,323,000 | 8,384,000 |
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 | 882,000 | 1,786,000 | 2,728,000 | 3,654,000 |
| Interest expense | 366,000 | 764,000 | 1,183,000 | 1,597,000 |
| Net interest income | 516,000 | 1,022,000 | 1,545,000 | 2,057,000 |
| Noninterest income | 64,000 | 124,000 | 186,000 | 249,000 |
| Noninterest expense | 537,000 | 1,074,000 | 1,609,000 | 2,124,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 43,000 | 72,000 | 122,000 | 182,000 |
| Income tax | 9,000 | -13,000 | -4,000 | -5,000 |
| Net income | 34,000 | 85,000 | 126,000 | 187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,229,000 | 8,280,000 | 8,321,000 | 8,382,000 |
| Total capital | 8,569,000 | 8,620,000 | 8,661,000 | 8,723,000 |
| Risk-weighted assets | 34,753,000 | 35,822,000 | 36,676,000 | 39,767,000 |