Call reports 2014
READING CO-OPERATIVE BANK — 2014
What READING CO-OPERATIVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 428,975,000 | 438,949,000 | 448,431,000 | 458,062,000 |
| Total loans | 329,307,000 | 335,506,000 | 344,576,000 | 355,405,000 |
| Allowance for loan losses | 1,626,000 | 1,695,000 | 1,767,000 | 1,823,000 |
| Securities available for sale | 69,343,000 | 70,033,000 | 72,161,000 | 69,006,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 303,243,000 | 313,267,000 | 316,567,000 | 324,141,000 |
| Interest-bearing deposits | 249,405,000 | 252,774,000 | 257,807,000 | 261,081,000 |
| Noninterest-bearing deposits | 53,838,000 | 60,493,000 | 58,760,000 | 63,060,000 |
| Equity capital | 34,718,000 | 36,223,000 | 36,906,000 | 38,289,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,147,000 | 8,187,000 | 12,246,000 | 16,488,000 |
| Interest expense | 433,000 | 874,000 | 1,306,000 | 1,738,000 |
| Net interest income | 3,714,000 | 7,313,000 | 10,940,000 | 14,750,000 |
| Noninterest income | 323,000 | 689,000 | 1,053,000 | 1,820,000 |
| Noninterest expense | 2,848,000 | 5,837,000 | 8,884,000 | 12,309,000 |
| Provision for loan losses | 1,273,000 | 1,389,000 | 1,461,000 | 1,532,000 |
| Pretax income | -35,000 | 825,000 | 1,697,000 | 2,960,000 |
| Income tax | -103,000 | 152,000 | 414,000 | 828,000 |
| Net income | 68,000 | 673,000 | 1,283,000 | 2,132,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,807,000 | 36,412,000 | 37,022,000 | 37,871,000 |
| Total capital | 37,433,000 | 38,107,000 | 38,789,000 | 39,694,000 |
| Risk-weighted assets | 275,873,000 | 274,142,000 | 281,934,000 | 289,466,000 |