Call reports 2019
WAKEFIELD CO-OPERATIVE BANK — 2019
What WAKEFIELD CO-OPERATIVE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 223,367,000 | 234,663,000 | 249,145,000 | 246,633,000 |
| Total loans | 175,398,000 | 190,895,000 | 204,879,000 | 202,787,000 |
| Allowance for loan losses | 1,468,000 | 1,513,000 | 1,557,000 | 1,602,000 |
| Securities available for sale | 41,246,000 | 37,809,000 | 37,003,000 | 36,717,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,998,000 | 203,084,000 | 213,829,000 | 208,832,000 |
| Interest-bearing deposits | 174,523,000 | 179,485,000 | 186,484,000 | 182,593,000 |
| Noninterest-bearing deposits | 24,475,000 | 23,599,000 | 27,345,000 | 26,239,000 |
| Equity capital | 17,963,000 | 18,577,000 | 19,059,000 | 19,258,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,221,000 | 4,479,000 | 6,892,000 | 9,236,000 |
| Interest expense | 540,000 | 1,130,000 | 1,826,000 | 2,484,000 |
| Net interest income | 1,681,000 | 3,349,000 | 5,066,000 | 6,752,000 |
| Noninterest income | 161,000 | 337,000 | 521,000 | 660,000 |
| Noninterest expense | 1,391,000 | 2,808,000 | 4,182,000 | 5,619,000 |
| Provision for loan losses | 44,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 407,000 | 788,000 | 1,269,000 | 1,612,000 |
| Income tax | 98,000 | 198,000 | 319,000 | 404,000 |
| Net income | 309,000 | 590,000 | 950,000 | 1,208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,265,000 | 18,545,000 | 18,906,000 | 19,164,000 |
| Total capital | 19,733,000 | 20,058,000 | 20,463,000 | 20,766,000 |
| Risk-weighted assets | 129,694,000 | 138,562,000 | 145,157,000 | 139,867,000 |