Call reports 2018
METHUEN CO-OPERATIVE BANK — 2018
What METHUEN CO-OPERATIVE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 91,878,000 | 89,350,000 | 93,837,000 | 93,240,000 |
| Total loans | 54,912,000 | 51,847,000 | 53,563,000 | 53,355,000 |
| Allowance for loan losses | 609,000 | 609,000 | 609,000 | 609,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 11,677,000 | 12,493,000 | 11,433,000 | 12,955,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,420,000 | 79,837,000 | 84,255,000 | 83,551,000 |
| Interest-bearing deposits | 73,849,000 | 70,957,000 | 71,614,000 | 73,024,000 |
| Noninterest-bearing deposits | 8,571,000 | 8,880,000 | 12,641,000 | 10,527,000 |
| Equity capital | 9,372,000 | 9,443,000 | 9,490,000 | 9,574,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 725,000 | 1,454,000 | 2,191,000 | 2,985,000 |
| Interest expense | 93,000 | 194,000 | 300,000 | 422,000 |
| Net interest income | 632,000 | 1,260,000 | 1,891,000 | 2,563,000 |
| Noninterest income | 61,000 | 119,000 | 174,000 | 226,000 |
| Noninterest expense | 612,000 | 1,204,000 | 1,827,000 | 2,435,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 81,000 | 175,000 | 238,000 | 354,000 |
| Income tax | 21,000 | 44,000 | 60,000 | 92,000 |
| Net income | 60,000 | 131,000 | 178,000 | 262,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,372,000 | 9,443,000 | 9,490,000 | 9,574,000 |
| Total capital | 9,874,000 | 9,919,000 | 9,994,000 | 10,103,000 |
| Risk-weighted assets | 40,096,000 | 37,999,000 | 40,262,000 | 42,276,000 |