Call reports 2007
WAKEFIELD CO-OPERATIVE BANK — 2007
What WAKEFIELD CO-OPERATIVE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 113,991,000 | 110,770,000 | 104,398,000 | 105,004,000 |
| Total loans | 69,678,000 | 60,155,000 | 61,422,000 | 63,660,000 |
| Allowance for loan losses | 250,000 | 302,000 | 307,000 | 329,000 |
| Securities available for sale | 1,278,000 | 1,446,000 | 1,566,000 | 174,000 |
| Securities held to maturity | 28,000,000 | 28,000,000 | 24,000,000 | 27,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,318,000 | 94,887,000 | 94,621,000 | 95,121,000 |
| Interest-bearing deposits | 88,800,000 | 85,643,000 | 84,876,000 | 85,780,000 |
| Noninterest-bearing deposits | 9,518,000 | 9,244,000 | 9,745,000 | 9,341,000 |
| Equity capital | 9,381,000 | 9,544,000 | 9,603,000 | 9,646,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,566,000 | 3,120,000 | 4,641,000 | 6,095,000 |
| Interest expense | 629,000 | 1,299,000 | 1,953,000 | 2,553,000 |
| Net interest income | 937,000 | 1,821,000 | 2,688,000 | 3,542,000 |
| Noninterest income | 177,000 | 572,000 | 688,000 | 798,000 |
| Noninterest expense | 970,000 | 1,911,000 | 2,792,000 | 3,664,000 |
| Provision for loan losses | 7,000 | 58,000 | 66,000 | 88,000 |
| Pretax income | 137,000 | 424,000 | 518,000 | 588,000 |
| Income tax | 50,000 | 174,000 | 209,000 | 236,000 |
| Net income | 87,000 | 250,000 | 309,000 | 352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,374,000 | 9,539,000 | 9,598,000 | 9,641,000 |
| Total capital | 9,624,000 | 9,841,000 | 9,905,000 | 9,970,000 |
| Risk-weighted assets | 51,437,000 | 50,835,000 | 48,815,000 | 49,286,000 |