Call reports 2016
READING CO-OPERATIVE BANK — 2016
What READING CO-OPERATIVE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 504,046,000 | 488,730,000 | 504,088,000 | 513,044,000 |
| Total loans | 386,612,000 | 391,009,000 | 408,013,000 | 421,230,000 |
| Allowance for loan losses | 2,336,000 | 2,488,000 | 2,618,000 | 2,595,000 |
| Securities available for sale | 59,007,000 | 59,623,000 | 57,777,000 | 54,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 380,806,000 | 366,914,000 | 380,580,000 | 387,492,000 |
| Interest-bearing deposits | 308,958,000 | 295,641,000 | 307,114,000 | 305,669,000 |
| Noninterest-bearing deposits | 71,848,000 | 71,273,000 | 73,466,000 | 81,823,000 |
| Equity capital | 42,464,000 | 42,681,000 | 43,607,000 | 43,389,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,541,000 | 9,069,000 | 13,707,000 | 18,515,000 |
| Interest expense | 509,000 | 1,016,000 | 1,522,000 | 2,028,000 |
| Net interest income | 4,032,000 | 8,053,000 | 12,185,000 | 16,487,000 |
| Noninterest income | 592,000 | 1,131,000 | 1,823,000 | 2,609,000 |
| Noninterest expense | 3,434,000 | 7,451,000 | 11,004,000 | 14,983,000 |
| Provision for loan losses | 124,000 | 275,000 | 406,000 | 382,000 |
| Pretax income | 1,404,000 | 1,796,000 | 2,936,000 | 4,069,000 |
| Income tax | 476,000 | 544,000 | 901,000 | 1,274,000 |
| Net income | 928,000 | 1,252,000 | 2,035,000 | 2,795,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,675,000 | 41,999,000 | 42,781,000 | 43,542,000 |
| Total capital | 44,011,000 | 44,487,000 | 45,399,000 | 46,137,000 |
| Risk-weighted assets | 292,975,000 | 296,177,000 | 316,130,000 | 322,938,000 |