Call reports 2022
READING CO-OPERATIVE BANK — 2022
What READING CO-OPERATIVE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 691,230,000 | 706,469,000 | 744,293,000 | 795,668,000 |
| Total loans | 534,182,000 | 559,941,000 | 576,943,000 | 603,203,000 |
| Allowance for loan losses | 3,845,000 | 4,044,000 | 4,185,000 | 4,540,000 |
| Securities available for sale | 112,001,000 | 102,300,000 | 114,324,000 | 136,139,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 625,762,000 | 639,858,000 | 671,713,000 | 657,322,000 |
| Interest-bearing deposits | 457,803,000 | 458,629,000 | 492,156,000 | 481,753,000 |
| Noninterest-bearing deposits | 167,959,000 | 181,229,000 | 179,557,000 | 175,569,000 |
| Equity capital | 56,751,000 | 53,849,000 | 48,966,000 | 51,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,951,000 | 12,097,000 | 18,731,000 | 26,299,000 |
| Interest expense | 192,000 | 400,000 | 823,000 | 2,063,000 |
| Net interest income | 5,759,000 | 11,697,000 | 17,908,000 | 24,236,000 |
| Noninterest income | 540,000 | 1,061,000 | 1,631,000 | 2,066,000 |
| Noninterest expense | 4,638,000 | 7,515,000 | 12,430,000 | 17,833,000 |
| Provision for loan losses | 256,000 | 416,000 | 557,000 | 912,000 |
| Pretax income | 1,405,000 | 4,830,000 | 6,555,000 | 7,560,000 |
| Income tax | 330,000 | 1,194,000 | 1,587,000 | 1,729,000 |
| Net income | 1,075,000 | 3,636,000 | 4,968,000 | 5,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,745,000 | 65,339,000 | 66,703,000 | 67,594,000 |
| Total capital | 66,590,000 | 69,383,000 | 70,888,000 | 72,134,000 |
| Risk-weighted assets | 455,788,000 | 476,706,000 | 507,882,000 | 519,026,000 |