Call reports 2010
METHUEN CO-OPERATIVE BANK — 2010
What METHUEN CO-OPERATIVE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 79,182,000 | 80,015,000 | 80,876,000 | 81,385,000 |
| Total loans | 49,959,000 | 50,962,000 | 51,364,000 | 52,657,000 |
| Allowance for loan losses | 462,000 | 475,000 | 438,000 | 508,000 |
| Securities available for sale | 141,000 | 140,000 | 0 | 0 |
| Securities held to maturity | 7,647,000 | 6,848,000 | 6,556,000 | 7,204,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,818,000 | 71,613,000 | 72,416,000 | 72,854,000 |
| Interest-bearing deposits | 66,750,000 | 67,451,000 | 68,434,000 | 68,589,000 |
| Noninterest-bearing deposits | 4,068,000 | 4,162,000 | 3,982,000 | 4,265,000 |
| Equity capital | 8,297,000 | 8,351,000 | 8,383,000 | 8,460,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 824,000 | 1,628,000 | 2,423,000 | 3,218,000 |
| Interest expense | 232,000 | 443,000 | 637,000 | 822,000 |
| Net interest income | 592,000 | 1,185,000 | 1,786,000 | 2,396,000 |
| Noninterest income | 48,000 | 100,000 | 160,000 | 232,000 |
| Noninterest expense | 554,000 | 1,102,000 | 1,696,000 | 2,283,000 |
| Provision for loan losses | 15,000 | 30,000 | 50,000 | 120,000 |
| Pretax income | 71,000 | 153,000 | 200,000 | 251,000 |
| Income tax | 21,000 | 48,000 | 63,000 | 37,000 |
| Net income | 50,000 | 105,000 | 137,000 | 214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,297,000 | 8,351,000 | 8,383,000 | 8,460,000 |
| Total capital | 8,759,000 | 8,826,000 | 8,821,000 | 8,968,000 |
| Risk-weighted assets | 41,646,000 | 41,899,000 | 42,499,000 | 43,047,000 |