Call reports 2019
METHUEN CO-OPERATIVE BANK — 2019
What METHUEN CO-OPERATIVE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 93,789,000 | 92,184,000 | 93,241,000 | 89,445,000 |
| Total loans | 51,793,000 | 50,769,000 | 50,700,000 | 50,473,000 |
| Allowance for loan losses | 609,000 | 609,000 | 609,000 | 608,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,782,000 | 13,846,000 | 13,846,000 | 13,026,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,038,000 | 82,308,000 | 83,187,000 | 79,301,000 |
| Interest-bearing deposits | 73,345,000 | 72,807,000 | 72,020,000 | 69,198,000 |
| Noninterest-bearing deposits | 10,693,000 | 9,501,000 | 11,167,000 | 10,103,000 |
| Equity capital | 9,670,000 | 9,782,000 | 9,906,000 | 9,964,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 814,000 | 1,627,000 | 2,446,000 | 3,247,000 |
| Interest expense | 130,000 | 267,000 | 404,000 | 533,000 |
| Net interest income | 684,000 | 1,360,000 | 2,042,000 | 2,714,000 |
| Noninterest income | 67,000 | 142,000 | 206,000 | 258,000 |
| Noninterest expense | 621,000 | 1,220,000 | 1,797,000 | 2,444,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 130,000 | 282,000 | 451,000 | 528,000 |
| Income tax | 34,000 | 74,000 | 119,000 | 138,000 |
| Net income | 96,000 | 208,000 | 332,000 | 390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,670,000 | 9,782,000 | 9,906,000 | 9,964,000 |
| Total capital | 10,200,000 | 10,310,000 | 10,443,000 | 10,498,000 |
| Risk-weighted assets | 42,365,000 | 42,215,000 | 42,906,000 | 42,661,000 |