Call reports 2015
WESTFIELD BANK — 2015
What WESTFIELD BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,327,563,000 | 1,360,113,000 | 1,355,720,000 | 1,338,207,000 |
| Total loans | 730,354,000 | 759,382,000 | 806,893,000 | 818,213,000 |
| Allowance for loan losses | 8,035,000 | 8,295,000 | 8,372,000 | 8,840,000 |
| Securities available for sale | 232,043,000 | 243,433,000 | 189,850,000 | 180,997,000 |
| Securities held to maturity | 266,718,000 | 256,303,000 | 248,757,000 | 238,219,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 874,222,000 | 898,618,000 | 910,443,000 | 902,679,000 |
| Interest-bearing deposits | 840,058,000 | 863,197,000 | 874,370,000 | 863,004,000 |
| Noninterest-bearing deposits | 34,164,000 | 35,421,000 | 36,073,000 | 39,675,000 |
| Equity capital | 132,680,000 | 132,059,000 | 131,770,000 | 131,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 10,181,000 | 20,670,000 | 31,636,000 | 42,455,000 |
| Interest expense | 2,598,000 | 5,314,000 | 8,127,000 | 10,794,000 |
| Net interest income | 7,583,000 | 15,356,000 | 23,509,000 | 31,661,000 |
| Noninterest income | 1,006,000 | 2,252,000 | 3,414,000 | 4,658,000 |
| Noninterest expense | 7,040,000 | 13,868,000 | 20,838,000 | 27,432,000 |
| Provision for loan losses | 300,000 | 650,000 | 800,000 | 1,275,000 |
| Pretax income | 2,066,000 | 4,183,000 | 6,792,000 | 9,118,000 |
| Income tax | 537,000 | 1,058,000 | 1,834,000 | 2,471,000 |
| Net income | 1,529,000 | 3,125,000 | 4,958,000 | 6,647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,809,000 | 142,169,000 | 142,580,000 | 142,427,000 |
| Total capital | 149,904,000 | 150,524,000 | 151,012,000 | 151,327,000 |
| Risk-weighted assets | 885,283,000 | 921,763,000 | 914,600,000 | 925,080,000 |