Call reports 2007
IPSWICH CO-OPERATIVE BANK — 2007
What IPSWICH CO-OPERATIVE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Total assets | 249,426,000 | 253,741,000 |
| Total loans | 187,425,000 | 202,012,000 |
| Allowance for loan losses | 964,000 | 940,000 |
| Securities available for sale | 20,013,000 | 21,336,000 |
| Securities held to maturity | 21,015,000 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 184,149,000 | 193,418,000 |
| Interest-bearing deposits | 178,165,000 | 187,136,000 |
| Noninterest-bearing deposits | 5,984,000 | 6,282,000 |
| Equity capital | 16,955,000 | 16,991,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Interest income | 3,356,000 | 6,776,000 |
| Interest expense | 2,096,000 | 4,320,000 |
| Net interest income | 1,260,000 | 2,456,000 |
| Noninterest income | 81,000 | 171,000 |
| Noninterest expense | 934,000 | 1,831,000 |
| Provision for loan losses | 30,000 | 60,000 |
| Pretax income | 450,000 | 786,000 |
| Income tax | 141,000 | 235,000 |
| Net income | 309,000 | 551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Tier 1 capital | 16,974,000 | 17,262,000 |
| Total capital | 17,938,000 | 18,202,000 |
| Risk-weighted assets | 145,853,000 | 143,800,000 |