Call reports 2008
WAKEFIELD CO-OPERATIVE BANK — 2008
What WAKEFIELD CO-OPERATIVE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 110,047,000 | 110,702,000 | 115,453,000 | 119,831,000 |
| Total loans | 68,288,000 | 68,788,000 | 71,969,000 | 76,923,000 |
| Allowance for loan losses | 359,000 | 389,000 | 459,000 | 542,000 |
| Securities available for sale | 8,277,000 | 9,488,000 | 15,045,000 | 16,397,000 |
| Securities held to maturity | 17,600,000 | 20,386,000 | 18,749,000 | 17,684,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,247,000 | 100,999,000 | 100,048,000 | 102,098,000 |
| Interest-bearing deposits | 90,887,000 | 90,601,000 | 89,812,000 | 92,159,000 |
| Noninterest-bearing deposits | 9,360,000 | 10,399,000 | 10,236,000 | 9,939,000 |
| Equity capital | 9,632,000 | 9,554,000 | 9,726,000 | 10,134,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,363,000 | 2,694,000 | 4,175,000 | 5,646,000 |
| Interest expense | 611,000 | 1,152,000 | 1,641,000 | 2,142,000 |
| Net interest income | 752,000 | 1,542,000 | 2,534,000 | 3,504,000 |
| Noninterest income | 126,000 | 312,000 | 433,000 | 479,000 |
| Noninterest expense | 866,000 | 1,709,000 | 2,494,000 | 3,259,000 |
| Provision for loan losses | 30,000 | 60,000 | 130,000 | 213,000 |
| Pretax income | -18,000 | 85,000 | 343,000 | 511,000 |
| Income tax | -4,000 | 33,000 | 125,000 | 186,000 |
| Net income | -14,000 | 52,000 | 218,000 | 325,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,628,000 | 9,694,000 | 9,853,000 | 9,960,000 |
| Total capital | 9,987,000 | 10,083,000 | 10,312,000 | 10,502,000 |
| Risk-weighted assets | 52,148,000 | 56,177,000 | 58,535,000 | 60,597,000 |