Call reports 2014
METHUEN CO-OPERATIVE BANK — 2014
What METHUEN CO-OPERATIVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 88,658,000 | 88,796,000 | 89,014,000 | 88,211,000 |
| Total loans | 54,567,000 | 54,630,000 | 53,360,000 | 52,695,000 |
| Allowance for loan losses | 616,000 | 616,000 | 616,000 | 616,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,890,000 | 14,279,000 | 15,528,000 | 19,576,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,656,000 | 79,730,000 | 79,902,000 | 79,056,000 |
| Interest-bearing deposits | 73,389,000 | 71,474,000 | 71,320,000 | 71,951,000 |
| Noninterest-bearing deposits | 6,267,000 | 8,256,000 | 8,582,000 | 7,105,000 |
| Equity capital | 8,939,000 | 8,990,000 | 9,033,000 | 9,064,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 644,000 | 1,295,000 | 1,954,000 | 2,622,000 |
| Interest expense | 88,000 | 172,000 | 261,000 | 350,000 |
| Net interest income | 556,000 | 1,123,000 | 1,693,000 | 2,272,000 |
| Noninterest income | 65,000 | 143,000 | 214,000 | 267,000 |
| Noninterest expense | 595,000 | 1,158,000 | 1,732,000 | 2,317,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 26,000 | 108,000 | 175,000 | 222,000 |
| Income tax | 8,000 | 39,000 | 63,000 | 79,000 |
| Net income | 18,000 | 69,000 | 112,000 | 143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,939,000 | 8,990,000 | 9,033,000 | 9,064,000 |
| Total capital | 9,509,000 | 9,582,000 | 9,609,000 | 9,637,000 |
| Risk-weighted assets | 45,562,000 | 47,351,000 | 46,037,000 | 45,804,000 |