Call reports 2017
READING CO-OPERATIVE BANK — 2017
What READING CO-OPERATIVE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 513,042,000 | 524,502,000 | 522,600,000 | 549,100,000 |
| Total loans | 420,501,000 | 424,499,000 | 425,777,000 | 444,588,000 |
| Allowance for loan losses | 2,635,000 | 2,425,000 | 2,500,000 | 2,575,000 |
| Securities available for sale | 57,812,000 | 59,033,000 | 60,474,000 | 66,133,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 392,717,000 | 409,461,000 | 416,192,000 | 422,142,000 |
| Interest-bearing deposits | 306,226,000 | 315,555,000 | 318,530,000 | 329,355,000 |
| Noninterest-bearing deposits | 86,491,000 | 93,906,000 | 97,662,000 | 92,787,000 |
| Equity capital | 44,076,000 | 45,200,000 | 46,143,000 | 46,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,766,000 | 9,661,000 | 14,770,000 | 19,988,000 |
| Interest expense | 557,000 | 1,159,000 | 1,768,000 | 2,435,000 |
| Net interest income | 4,209,000 | 8,502,000 | 13,002,000 | 17,553,000 |
| Noninterest income | 459,000 | 907,000 | 1,347,000 | 1,787,000 |
| Noninterest expense | 3,694,000 | 7,279,000 | 10,804,000 | 14,601,000 |
| Provision for loan losses | 40,000 | -160,000 | -85,000 | -10,000 |
| Pretax income | 934,000 | 2,290,000 | 3,638,000 | 4,757,000 |
| Income tax | 280,000 | 749,000 | 1,196,000 | 2,454,000 |
| Net income | 654,000 | 1,541,000 | 2,442,000 | 2,303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,196,000 | 45,083,000 | 45,984,000 | 45,845,000 |
| Total capital | 46,831,000 | 47,508,000 | 48,484,000 | 48,420,000 |
| Risk-weighted assets | 323,800,000 | 325,121,000 | 326,801,000 | 337,757,000 |