Call reports 2002
IPSWICH CO-OPERATIVE BANK — 2002
What IPSWICH CO-OPERATIVE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 108,186,000 | 113,438,000 | 118,505,000 | 123,856,000 |
| Total loans | 61,055,000 | 62,493,000 | 66,418,000 | 71,530,000 |
| Allowance for loan losses | 529,000 | 543,000 | 565,000 | 579,000 |
| Securities available for sale | 32,367,000 | 34,261,000 | 35,596,000 | 34,900,000 |
| Securities held to maturity | 0 | 0 | 2,012,000 | 1,945,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,807,000 | 94,920,000 | 100,961,000 | 105,842,000 |
| Interest-bearing deposits | 84,603,000 | 89,546,000 | 95,091,000 | 100,602,000 |
| Noninterest-bearing deposits | 5,204,000 | 5,374,000 | 5,870,000 | 5,240,000 |
| Equity capital | 9,532,000 | 9,822,000 | 9,937,000 | 10,575,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,500,000 | 3,119,000 | 4,802,000 | 6,569,000 |
| Interest expense | 720,000 | 1,500,000 | 2,288,000 | 3,058,000 |
| Net interest income | 780,000 | 1,619,000 | 2,514,000 | 3,511,000 |
| Noninterest income | 110,000 | 242,000 | 339,000 | 448,000 |
| Noninterest expense | 640,000 | 1,314,000 | 1,952,000 | 2,633,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 238,000 | -1,524,000 | -1,168,000 | -609,000 |
| Income tax | 75,000 | -519,000 | -405,000 | -212,000 |
| Net income | 163,000 | -1,005,000 | -763,000 | -397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,792,000 | 9,160,000 | 8,872,000 | 9,373,000 |
| Total capital | 9,321,000 | 9,703,000 | 9,437,000 | 9,952,000 |
| Risk-weighted assets | 68,100,000 | 70,170,000 | 72,119,000 | 76,910,000 |