Call reports 2023
CANTON CO-OPERATIVE BANK — 2023
What CANTON CO-OPERATIVE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 146,710,000 | 143,266,000 | 150,455,000 | 154,969,000 |
| Total loans | 86,690,000 | 87,032,000 | 90,869,000 | 94,829,000 |
| Allowance for loan losses | 572,000 | 672,000 | 672,000 | 672,000 |
| Securities available for sale | 41,816,000 | 38,241,000 | 37,672,000 | 39,551,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,193,000 | 117,999,000 | 129,442,000 | 129,658,000 |
| Interest-bearing deposits | 106,617,000 | 105,706,000 | 116,829,000 | 118,357,000 |
| Noninterest-bearing deposits | 12,576,000 | 12,293,000 | 12,613,000 | 11,301,000 |
| Equity capital | 18,975,000 | 18,704,000 | 17,871,000 | 19,575,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,446,000 | 2,885,000 | 4,496,000 | 6,146,000 |
| Interest expense | 177,000 | 577,000 | 1,101,000 | 1,754,000 |
| Net interest income | 1,269,000 | 2,308,000 | 3,395,000 | 4,392,000 |
| Noninterest income | 75,000 | 141,000 | 224,000 | 293,000 |
| Noninterest expense | 936,000 | 1,799,000 | 2,775,000 | 3,706,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 408,000 | 648,000 | 842,000 | 977,000 |
| Income tax | 94,000 | 148,000 | 186,000 | 216,000 |
| Net income | 314,000 | 500,000 | 656,000 | 761,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,070,000 | 22,231,000 | 22,436,000 | 22,541,000 |
| Total capital | 22,642,000 | 22,803,000 | 23,033,000 | 23,138,000 |
| Risk-weighted assets | 88,204,000 | 91,520,000 | 94,505,000 | 98,400,000 |