Call reports 2022
METHUEN CO-OPERATIVE BANK — 2022
What METHUEN CO-OPERATIVE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 122,200,000 | 123,356,000 | 117,742,000 | 126,126,000 |
| Total loans | 78,453,000 | 82,803,000 | 84,293,000 | 85,363,000 |
| Allowance for loan losses | 608,000 | 608,000 | 608,000 | 618,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,316,000 | 16,417,000 | 15,804,000 | 16,927,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,888,000 | 112,000,000 | 106,203,000 | 114,449,000 |
| Interest-bearing deposits | 93,630,000 | 91,947,000 | 89,206,000 | 97,036,000 |
| Noninterest-bearing deposits | 17,258,000 | 20,053,000 | 16,997,000 | 17,413,000 |
| Equity capital | 11,066,000 | 11,230,000 | 11,403,000 | 11,548,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 896,000 | 1,742,000 | 2,682,000 | 3,726,000 |
| Interest expense | 78,000 | 148,000 | 232,000 | 374,000 |
| Net interest income | 818,000 | 1,594,000 | 2,450,000 | 3,352,000 |
| Noninterest income | 39,000 | 164,000 | 207,000 | 248,000 |
| Noninterest expense | 705,000 | 1,385,000 | 2,049,000 | 2,787,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 152,000 | 375,000 | 610,000 | 805,000 |
| Income tax | 39,000 | 98,000 | 160,000 | 210,000 |
| Net income | 113,000 | 277,000 | 450,000 | 595,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,066,000 | 11,230,000 | 11,403,000 | 11,548,000 |