Call reports 2024
PITTSFIELD CO-OPERATIVE BANK — 2024
What PITTSFIELD CO-OPERATIVE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 382,180,000 | 378,074,000 | 404,376,000 | 395,860,000 |
| Total loans | 266,437,000 | 269,153,000 | 269,864,000 | 273,270,000 |
| Allowance for loan losses | 2,477,000 | 2,478,000 | 2,473,000 | 2,544,000 |
| Securities available for sale | 81,668,000 | 73,594,000 | 91,761,000 | 88,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 299,591,000 | 286,726,000 | 297,287,000 | 300,461,000 |
| Interest-bearing deposits | 221,994,000 | 207,567,000 | 219,601,000 | 218,273,000 |
| Noninterest-bearing deposits | 77,597,000 | 79,159,000 | 77,686,000 | 82,188,000 |
| Equity capital | 53,230,000 | 53,020,000 | 55,341,000 | 53,483,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,758,000 | 7,530,000 | 11,539,000 | 15,785,000 |
| Interest expense | 1,246,000 | 2,609,000 | 4,277,000 | 6,065,000 |
| Net interest income | 2,512,000 | 4,921,000 | 7,262,000 | 9,720,000 |
| Noninterest income | 382,000 | 723,000 | 1,086,000 | 1,437,000 |
| Noninterest expense | 2,539,000 | 5,344,000 | 8,045,000 | 10,826,000 |
| Provision for loan losses | -28,000 | -21,000 | -11,000 | 1,000 |
| Pretax income | 364,000 | 55,000 | 48,000 | 80,000 |
| Income tax | 30,000 | -58,000 | -93,000 | -119,000 |
| Net income | 334,000 | 113,000 | 141,000 | 199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,830,000 | 61,609,000 | 61,637,000 | 61,695,000 |
| Total capital | 64,233,000 | 64,001,000 | 64,024,000 | 64,137,000 |
| Risk-weighted assets | 283,762,000 | 268,329,000 | 289,058,000 | 283,404,000 |