Call reports 2008
READING CO-OPERATIVE BANK — 2008
What READING CO-OPERATIVE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 250,909,000 | 253,919,000 | 260,784,000 | 269,026,000 |
| Total loans | 161,385,000 | 169,678,000 | 177,277,000 | 185,247,000 |
| Allowance for loan losses | 788,000 | 816,000 | 865,000 | 915,000 |
| Securities available for sale | 60,946,000 | 61,031,000 | 57,023,000 | 59,366,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,673,000 | 166,378,000 | 176,735,000 | 182,664,000 |
| Interest-bearing deposits | 147,712,000 | 142,429,000 | 154,241,000 | 159,949,000 |
| Noninterest-bearing deposits | 23,961,000 | 23,949,000 | 22,494,000 | 22,715,000 |
| Equity capital | 22,910,000 | 22,459,000 | 22,898,000 | 24,058,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,245,000 | 6,454,000 | 9,811,000 | 13,211,000 |
| Interest expense | 1,435,000 | 2,749,000 | 4,142,000 | 5,486,000 |
| Net interest income | 1,810,000 | 3,705,000 | 5,669,000 | 7,725,000 |
| Noninterest income | 218,000 | 484,000 | 729,000 | 967,000 |
| Noninterest expense | 1,522,000 | 3,089,000 | 4,772,000 | 6,531,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 200,000 |
| Pretax income | 423,000 | 967,000 | 1,472,000 | 1,892,000 |
| Income tax | 117,000 | 248,000 | 385,000 | 495,000 |
| Net income | 306,000 | 719,000 | 1,087,000 | 1,397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,033,000 | 22,457,000 | 22,781,000 | 22,957,000 |
| Total capital | 22,821,000 | 23,273,000 | 23,646,000 | 23,872,000 |
| Risk-weighted assets | 141,077,000 | 147,472,000 | 148,862,000 | 156,121,000 |