Call reports 2012
WESTFIELD BANK — 2012
What WESTFIELD BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 1,290,011,000 | 1,314,117,000 | 1,313,777,000 | 1,297,271,000 |
| Total loans | 558,208,000 | 583,840,000 | 582,214,000 | 594,756,000 |
| Allowance for loan losses | 7,637,000 | 7,899,000 | 7,658,000 | 7,632,000 |
| Securities available for sale | 643,220,000 | 637,181,000 | 647,747,000 | 618,735,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 749,457,000 | 748,216,000 | 755,188,000 | 754,228,000 |
| Interest-bearing deposits | 721,699,000 | 719,501,000 | 726,960,000 | 724,819,000 |
| Noninterest-bearing deposits | 27,758,000 | 28,715,000 | 28,228,000 | 29,409,000 |
| Equity capital | 207,145,000 | 202,647,000 | 202,813,000 | 179,784,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 10,695,000 | 21,586,000 | 32,424,000 | 43,036,000 |
| Interest expense | 3,298,000 | 6,481,000 | 9,631,000 | 12,663,000 |
| Net interest income | 7,397,000 | 15,105,000 | 22,793,000 | 30,373,000 |
| Noninterest income | 957,000 | 1,773,000 | 2,780,000 | 3,933,000 |
| Noninterest expense | 6,005,000 | 12,030,000 | 18,094,000 | 25,300,000 |
| Provision for loan losses | 220,000 | 480,000 | 698,000 | 698,000 |
| Pretax income | 3,714,000 | 6,049,000 | 8,637,000 | 11,215,000 |
| Income tax | 724,000 | 1,536,000 | 2,203,000 | 2,973,000 |
| Net income | 2,990,000 | 4,513,000 | 6,434,000 | 8,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 200,825,000 | 193,949,000 | 189,370,000 | 169,191,000 |
| Total capital | 208,528,000 | 201,946,000 | 197,130,000 | 176,904,000 |
| Risk-weighted assets | 674,344,000 | 716,571,000 | 718,295,000 | 729,878,000 |