Call reports 2020
READING CO-OPERATIVE BANK — 2020
What READING CO-OPERATIVE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 618,834,000 | 639,820,000 | 630,668,000 | 649,197,000 |
| Total loans | 474,094,000 | 508,842,000 | 502,911,000 | 488,561,000 |
| Allowance for loan losses | 2,993,000 | 3,521,000 | 3,571,000 | 3,536,000 |
| Securities available for sale | 93,420,000 | 80,398,000 | 63,527,000 | 79,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 508,139,000 | 514,012,000 | 526,460,000 | 542,825,000 |
| Interest-bearing deposits | 410,996,000 | 387,762,000 | 396,377,000 | 406,329,000 |
| Noninterest-bearing deposits | 97,143,000 | 126,250,000 | 130,083,000 | 136,496,000 |
| Equity capital | 55,707,000 | 56,689,000 | 58,022,000 | 59,527,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,211,000 | 12,258,000 | 18,119,000 | 23,889,000 |
| Interest expense | 1,230,000 | 2,094,000 | 2,650,000 | 3,123,000 |
| Net interest income | 4,981,000 | 10,164,000 | 15,469,000 | 20,766,000 |
| Noninterest income | 397,000 | 713,000 | 1,205,000 | 1,766,000 |
| Noninterest expense | 3,731,000 | 7,475,000 | 11,298,000 | 15,760,000 |
| Provision for loan losses | 200,000 | 728,000 | 778,000 | 778,000 |
| Pretax income | 1,447,000 | 2,674,000 | 4,763,000 | 6,002,000 |
| Income tax | 319,000 | 587,000 | 1,070,000 | 1,356,000 |
| Net income | 1,128,000 | 2,087,000 | 3,693,000 | 4,646,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,671,000 | 55,631,000 | 57,236,000 | 58,189,000 |
| Total capital | 57,664,000 | 59,152,000 | 60,807,000 | 61,725,000 |
| Risk-weighted assets | 391,186,000 | 420,744,000 | 425,561,000 | 432,286,000 |