Call reports 2018
COVINGTON SAVINGS AND LOAN ASSOCIATION, THE — 2018
What COVINGTON SAVINGS AND LOAN ASSOCIATION, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 68,916,000 | 69,082,000 | 69,096,000 | 70,446,000 |
| Total loans | 34,627,000 | 36,177,000 | 37,689,000 | 38,975,000 |
| Allowance for loan losses | 205,000 | 205,000 | 205,000 | 205,000 |
| Securities available for sale | 6,806,000 | 5,583,000 | 5,352,000 | 5,147,000 |
| Securities held to maturity | 7,991,000 | 9,650,000 | 9,460,000 | 9,321,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,192,000 | 58,224,000 | 58,081,000 | 59,340,000 |
| Interest-bearing deposits | 52,406,000 | 52,071,000 | 51,491,000 | 52,397,000 |
| Noninterest-bearing deposits | 5,786,000 | 6,153,000 | 6,590,000 | 6,943,000 |
| Equity capital | 10,449,000 | 10,555,000 | 10,663,000 | 10,814,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 501,000 | 1,019,000 | 1,578,000 | 2,158,000 |
| Interest expense | 15,000 | 36,000 | 65,000 | 103,000 |
| Net interest income | 486,000 | 983,000 | 1,513,000 | 2,055,000 |
| Noninterest income | 47,000 | 92,000 | 147,000 | 192,000 |
| Noninterest expense | 404,000 | 803,000 | 1,224,000 | 1,617,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 129,000 | 272,000 | 436,000 | 630,000 |
| Income tax | 31,000 | 65,000 | 105,000 | 150,000 |
| Net income | 98,000 | 207,000 | 331,000 | 480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,437,000 | 10,547,000 | 10,659,000 | 10,808,000 |
| Total capital | 10,642,000 | 10,752,000 | 10,864,000 | 11,013,000 |
| Risk-weighted assets | 28,221,000 | 29,257,000 | 29,634,000 | 30,252,000 |