Call reports 2023
FIDELITY CO-OPERATIVE BANK — 2023
What FIDELITY CO-OPERATIVE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,442,835,000 | 1,478,263,000 | 1,516,408,000 | 1,510,158,000 |
| Total loans | 1,101,980,000 | 1,100,550,000 | 1,111,905,000 | 1,096,961,000 |
| Allowance for loan losses | 8,013,000 | 7,997,000 | 7,848,000 | 7,870,000 |
| Securities available for sale | 131,770,000 | 132,756,000 | 139,097,000 | 154,654,000 |
| Securities held to maturity | 71,317,000 | 71,404,000 | 71,492,000 | 71,582,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,228,140,000 | 1,273,206,000 | 1,303,095,000 | 1,300,812,000 |
| Interest-bearing deposits | 977,483,000 | 1,031,690,000 | 1,065,641,000 | 1,080,292,000 |
| Noninterest-bearing deposits | 250,657,000 | 241,516,000 | 237,454,000 | 220,520,000 |
| Equity capital | 122,801,000 | 124,331,000 | 125,322,000 | 128,285,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 14,894,000 | 31,491,000 | 49,492,000 | 68,460,000 |
| Interest expense | 4,575,000 | 10,964,000 | 18,766,000 | 27,499,000 |
| Net interest income | 10,319,000 | 20,527,000 | 30,726,000 | 40,961,000 |
| Noninterest income | 1,104,000 | 2,300,000 | 3,508,000 | 4,721,000 |
| Noninterest expense | 6,728,000 | 15,622,000 | 24,343,000 | 33,514,000 |
| Provision for loan losses | -75,000 | -84,000 | -242,000 | -236,000 |
| Pretax income | 2,239,000 | 4,754,000 | 7,455,000 | 9,966,000 |
| Income tax | 462,000 | 1,008,000 | 1,549,000 | 2,070,000 |
| Net income | 1,777,000 | 3,746,000 | 5,906,000 | 7,896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 131,832,000 | 133,661,000 | 135,575,000 | 136,364,000 |
| Total capital | 141,762,000 | 143,593,000 | 145,376,000 | 146,210,000 |
| Risk-weighted assets | 1,079,306,000 | 1,095,936,000 | 1,111,985,000 | 1,106,041,000 |