Call reports 2023
PITTSFIELD CO-OPERATIVE BANK — 2023
What PITTSFIELD 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 | 397,461,000 | 387,690,000 | 388,766,000 | 385,445,000 |
| Total loans | 258,446,000 | 261,866,000 | 265,784,000 | 266,380,000 |
| Allowance for loan losses | 2,771,000 | 2,719,000 | 2,756,000 | 2,521,000 |
| Securities available for sale | 93,293,000 | 86,285,000 | 82,400,000 | 83,074,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,440,000 | 303,772,000 | 301,406,000 | 293,023,000 |
| Interest-bearing deposits | 233,898,000 | 222,843,000 | 220,559,000 | 217,506,000 |
| Noninterest-bearing deposits | 87,542,000 | 80,929,000 | 80,847,000 | 75,517,000 |
| Equity capital | 50,550,000 | 50,502,000 | 48,801,000 | 53,371,000 |
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 | 3,583,000 | 7,297,000 | 11,078,000 | 15,100,000 |
| Interest expense | 542,000 | 1,372,000 | 2,402,000 | 3,599,000 |
| Net interest income | 3,041,000 | 5,925,000 | 8,676,000 | 11,501,000 |
| Noninterest income | 534,000 | 1,260,000 | 1,713,000 | 2,193,000 |
| Noninterest expense | 2,622,000 | 5,340,000 | 7,853,000 | 10,207,000 |
| Provision for loan losses | -92,000 | -148,000 | -99,000 | -326,000 |
| Pretax income | 1,045,000 | 1,993,000 | 2,635,000 | 3,813,000 |
| Income tax | 235,000 | 439,000 | 558,000 | 783,000 |
| Net income | 810,000 | 1,554,000 | 2,077,000 | 3,030,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,345,000 | 52,099,000 | 52,638,000 | 61,564,000 |
| Total capital | 54,042,000 | 54,735,000 | 55,271,000 | 63,924,000 |
| Risk-weighted assets | 282,014,000 | 270,184,000 | 285,230,000 | 281,866,000 |