Call reports 2022
PITTSFIELD CO-OPERATIVE BANK — 2022
What PITTSFIELD 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 | 399,377,000 | 385,856,000 | 382,575,000 | 392,259,000 |
| Total loans | 249,412,000 | 257,649,000 | 257,778,000 | 260,582,000 |
| Allowance for loan losses | 2,666,000 | 2,661,000 | 2,666,000 | 2,660,000 |
| Securities available for sale | 99,292,000 | 93,395,000 | 85,857,000 | 94,476,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,076,000 | 326,863,000 | 330,041,000 | 331,888,000 |
| Interest-bearing deposits | 243,196,000 | 237,696,000 | 241,044,000 | 240,647,000 |
| Noninterest-bearing deposits | 92,880,000 | 89,167,000 | 88,997,000 | 91,241,000 |
| Equity capital | 51,816,000 | 49,416,000 | 46,787,000 | 48,730,000 |
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 | 2,822,000 | 5,923,000 | 9,098,000 | 12,430,000 |
| Interest expense | 288,000 | 561,000 | 849,000 | 1,232,000 |
| Net interest income | 2,534,000 | 5,362,000 | 8,249,000 | 11,198,000 |
| Noninterest income | 609,000 | 1,193,000 | 1,723,000 | 2,237,000 |
| Noninterest expense | 2,310,000 | 4,819,000 | 7,381,000 | 11,450,000 |
| Provision for loan losses | 21,000 | 22,000 | 28,000 | 29,000 |
| Pretax income | 812,000 | 1,714,000 | 2,563,000 | 1,755,000 |
| Income tax | 178,000 | 376,000 | 564,000 | -943,000 |
| Net income | 634,000 | 1,338,000 | 1,999,000 | 2,698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,039,000 | 48,096,000 | 48,404,000 | 50,603,000 |
| Total capital | 51,756,000 | 50,808,000 | 51,126,000 | 53,326,000 |
| Risk-weighted assets | 273,832,000 | 275,308,000 | 277,653,000 | 279,926,000 |