Call reports 2020
WAKEFIELD CO-OPERATIVE BANK — 2020
What WAKEFIELD CO-OPERATIVE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 256,560,000 | 273,148,000 | 276,088,000 | 266,640,000 |
| Total loans | 201,689,000 | 216,005,000 | 219,989,000 | 198,487,000 |
| Allowance for loan losses | 1,620,000 | 1,687,000 | 1,796,000 | 1,671,000 |
| Securities available for sale | 36,657,000 | 33,799,000 | 31,860,000 | 33,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,135,000 | 236,729,000 | 244,284,000 | 238,905,000 |
| Interest-bearing deposits | 202,071,000 | 204,671,000 | 208,032,000 | 204,691,000 |
| Noninterest-bearing deposits | 26,064,000 | 32,058,000 | 36,252,000 | 34,214,000 |
| Equity capital | 19,978,000 | 20,604,000 | 21,071,000 | 21,918,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,574,000 | 4,832,000 | 7,164,000 | 9,496,000 |
| Interest expense | 635,000 | 1,232,000 | 1,741,000 | 2,150,000 |
| Net interest income | 1,939,000 | 3,600,000 | 5,423,000 | 7,346,000 |
| Noninterest income | 235,000 | 669,000 | 1,168,000 | 1,823,000 |
| Noninterest expense | 1,551,000 | 3,071,000 | 4,743,000 | 6,424,000 |
| Provision for loan losses | 18,000 | 86,000 | 194,000 | 75,000 |
| Pretax income | 611,000 | 1,126,000 | 1,765,000 | 2,781,000 |
| Income tax | 159,000 | 289,000 | 444,000 | 711,000 |
| Net income | 452,000 | 837,000 | 1,321,000 | 2,070,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,616,000 | 20,001,000 | 20,486,000 | 21,234,000 |
| Total capital | 21,236,000 | 21,688,000 | 22,282,000 | 22,905,000 |
| Risk-weighted assets | 145,277,000 | 148,041,000 | 152,701,000 | 142,650,000 |