Call reports 2013
METHUEN CO-OPERATIVE BANK — 2013
What METHUEN CO-OPERATIVE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 90,890,000 | 90,183,000 | 88,949,000 | 87,891,000 |
| Total loans | 54,613,000 | 54,622,000 | 55,119,000 | 55,245,000 |
| Allowance for loan losses | 642,000 | 642,000 | 637,000 | 637,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,158,000 | 9,797,000 | 9,754,000 | 10,327,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,075,000 | 81,283,000 | 80,001,000 | 78,839,000 |
| Interest-bearing deposits | 76,225,000 | 74,752,000 | 73,699,000 | 72,478,000 |
| Noninterest-bearing deposits | 5,850,000 | 6,531,000 | 6,302,000 | 6,361,000 |
| Equity capital | 8,753,000 | 8,816,000 | 8,852,000 | 8,921,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 699,000 | 1,379,000 | 2,036,000 | 2,720,000 |
| Interest expense | 123,000 | 235,000 | 335,000 | 426,000 |
| Net interest income | 576,000 | 1,144,000 | 1,701,000 | 2,294,000 |
| Noninterest income | 64,000 | 140,000 | 199,000 | 259,000 |
| Noninterest expense | 561,000 | 1,134,000 | 1,694,000 | 2,247,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 64,000 | 165,000 | 221,000 | 321,000 |
| Income tax | 23,000 | 61,000 | 81,000 | 112,000 |
| Net income | 41,000 | 104,000 | 140,000 | 209,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,753,000 | 8,816,000 | 8,852,000 | 8,921,000 |
| Total capital | 9,323,000 | 9,377,000 | 9,418,000 | 9,490,000 |
| Risk-weighted assets | 45,552,000 | 44,801,000 | 45,230,000 | 45,470,000 |