Call reports 2011
METHUEN CO-OPERATIVE BANK — 2011
What METHUEN CO-OPERATIVE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 85,747,000 | 86,051,000 | 88,589,000 | 87,075,000 |
| Total loans | 52,645,000 | 52,238,000 | 54,096,000 | 54,037,000 |
| Allowance for loan losses | 505,000 | 520,000 | 523,000 | 568,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 8,294,000 | 9,895,000 | 11,396,000 | 11,634,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,242,000 | 77,524,000 | 80,100,000 | 78,515,000 |
| Interest-bearing deposits | 72,783,000 | 73,024,000 | 74,233,000 | 73,918,000 |
| Noninterest-bearing deposits | 4,459,000 | 4,500,000 | 5,867,000 | 4,597,000 |
| Equity capital | 8,457,000 | 8,477,000 | 8,430,000 | 8,498,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 775,000 | 1,516,000 | 2,267,000 | 3,031,000 |
| Interest expense | 183,000 | 365,000 | 535,000 | 699,000 |
| Net interest income | 592,000 | 1,151,000 | 1,732,000 | 2,332,000 |
| Noninterest income | 23,000 | 87,000 | 42,000 | 101,000 |
| Noninterest expense | 602,000 | 1,185,000 | 1,757,000 | 2,343,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 90,000 |
| Pretax income | -2,000 | 23,000 | -28,000 | 0 |
| Income tax | 1,000 | 6,000 | 2,000 | -38,000 |
| Net income | -3,000 | 17,000 | -30,000 | 38,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,457,000 | 8,477,000 | 8,430,000 | 8,498,000 |
| Total capital | 8,962,000 | 8,997,000 | 8,953,000 | 9,066,000 |
| Risk-weighted assets | 44,170,000 | 44,024,000 | 46,849,000 | 46,391,000 |