Call reports 2021
PITTSFIELD CO-OPERATIVE BANK — 2021
What PITTSFIELD 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 | 379,372,000 | 380,151,000 | 386,966,000 | 397,368,000 |
| Total loans | 247,615,000 | 243,232,000 | 247,089,000 | 246,370,000 |
| Allowance for loan losses | 2,881,000 | 2,892,000 | 2,777,000 | 2,646,000 |
| Securities available for sale | 66,869,000 | 72,609,000 | 73,279,000 | 90,200,000 |
| Securities held to maturity | 3,380,000 | 3,356,000 | 3,332,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 312,189,000 | 312,007,000 | 320,720,000 | 329,908,000 |
| Interest-bearing deposits | 247,074,000 | 244,661,000 | 247,114,000 | 238,921,000 |
| Noninterest-bearing deposits | 65,115,000 | 67,346,000 | 73,606,000 | 90,987,000 |
| Equity capital | 53,549,000 | 54,617,000 | 54,729,000 | 55,699,000 |
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 | 2,797,000 | 5,540,000 | 8,489,000 | 11,369,000 |
| Interest expense | 393,000 | 756,000 | 1,101,000 | 1,412,000 |
| Net interest income | 2,404,000 | 4,784,000 | 7,388,000 | 9,957,000 |
| Noninterest income | 502,000 | 1,003,000 | 1,514,000 | 3,784,000 |
| Noninterest expense | 2,228,000 | 4,555,000 | 7,046,000 | 10,376,000 |
| Provision for loan losses | 39,000 | 42,000 | -73,000 | -202,000 |
| Pretax income | 639,000 | 1,189,000 | 1,948,000 | 3,873,000 |
| Income tax | 125,000 | 225,000 | 384,000 | 775,000 |
| Net income | 514,000 | 964,000 | 1,564,000 | 3,098,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,821,000 | 46,271,000 | 46,871,000 | 48,405,000 |
| Total capital | 48,746,000 | 49,207,000 | 49,699,000 | 51,102,000 |
| Risk-weighted assets | 257,695,000 | 241,695,000 | 261,357,000 | 260,115,000 |