Call reports 2021
READING CO-OPERATIVE BANK — 2021
What READING CO-OPERATIVE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 659,343,000 | 656,551,000 | 661,678,000 | 722,463,000 |
| Total loans | 492,587,000 | 501,454,000 | 480,106,000 | 525,423,000 |
| Allowance for loan losses | 3,538,000 | 3,590,000 | 3,591,000 | 3,641,000 |
| Securities available for sale | 79,675,000 | 83,958,000 | 101,916,000 | 110,325,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 579,850,000 | 574,160,000 | 578,781,000 | 648,519,000 |
| Interest-bearing deposits | 434,836,000 | 425,395,000 | 428,960,000 | 476,738,000 |
| Noninterest-bearing deposits | 145,014,000 | 148,765,000 | 149,821,000 | 171,781,000 |
| Equity capital | 58,888,000 | 60,645,000 | 61,408,000 | 62,091,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,603,000 | 11,294,000 | 17,373,000 | 23,528,000 |
| Interest expense | 427,000 | 831,000 | 1,217,000 | 1,595,000 |
| Net interest income | 5,176,000 | 10,463,000 | 16,156,000 | 21,933,000 |
| Noninterest income | 380,000 | 780,000 | 1,236,000 | 1,750,000 |
| Noninterest expense | 3,957,000 | 7,926,000 | 12,254,000 | 17,295,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 100,000 |
| Pretax income | 1,599,000 | 3,267,000 | 5,088,000 | 6,288,000 |
| Income tax | 395,000 | 817,000 | 1,227,000 | 1,481,000 |
| Net income | 1,204,000 | 2,450,000 | 3,861,000 | 4,807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,393,000 | 60,640,000 | 62,050,000 | 61,638,000 |
| Total capital | 62,931,000 | 64,230,000 | 65,641,000 | 65,279,000 |
| Risk-weighted assets | 403,156,000 | 414,168,000 | 396,879,000 | 446,656,000 |