Call reports 2019
PITTSFIELD CO-OPERATIVE BANK — 2019
What PITTSFIELD CO-OPERATIVE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 304,347,000 | 310,643,000 | 322,619,000 | 321,823,000 |
| Total loans | 229,217,000 | 231,913,000 | 231,473,000 | 232,017,000 |
| Allowance for loan losses | 1,954,000 | 2,006,000 | 2,007,000 | 2,123,000 |
| Securities available for sale | 35,722,000 | 35,859,000 | 36,618,000 | 35,948,000 |
| Securities held to maturity | 3,564,000 | 3,542,000 | 3,519,000 | 3,497,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 241,661,000 | 242,835,000 | 253,787,000 | 252,359,000 |
| Interest-bearing deposits | 201,883,000 | 201,214,000 | 211,018,000 | 209,867,000 |
| Noninterest-bearing deposits | 39,778,000 | 41,621,000 | 42,769,000 | 42,492,000 |
| Equity capital | 49,123,000 | 50,234,000 | 51,085,000 | 51,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,026,000 | 6,063,000 | 9,168,000 | 12,207,000 |
| Interest expense | 527,000 | 1,077,000 | 1,689,000 | 2,309,000 |
| Net interest income | 2,499,000 | 4,986,000 | 7,479,000 | 9,898,000 |
| Noninterest income | 451,000 | 899,000 | 1,384,000 | 1,837,000 |
| Noninterest expense | 2,122,000 | 4,289,000 | 6,483,000 | 8,686,000 |
| Provision for loan losses | 80,000 | 128,000 | 130,000 | 239,000 |
| Pretax income | 758,000 | 1,502,000 | 2,285,000 | 2,901,000 |
| Income tax | 162,000 | 318,000 | 485,000 | 606,000 |
| Net income | 596,000 | 1,184,000 | 1,800,000 | 2,295,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,420,000 | 42,007,000 | 42,622,000 | 43,118,000 |
| Total capital | 43,406,000 | 44,047,000 | 44,666,000 | 45,278,000 |
| Risk-weighted assets | 227,394,000 | 231,616,000 | 229,918,000 | 231,138,000 |