Call reports 2021
WAKEFIELD CO-OPERATIVE BANK — 2021
What WAKEFIELD CO-OPERATIVE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 280,106,000 | 272,140,000 | 263,738,000 | 268,488,000 |
| Total loans | 189,838,000 | 194,243,000 | 189,544,000 | 193,580,000 |
| Allowance for loan losses | 1,606,000 | 1,611,000 | 1,653,000 | 1,719,000 |
| Securities available for sale | 39,740,000 | 45,510,000 | 45,290,000 | 45,373,000 |
| Securities held to maturity | 0 | 3,731,000 | 5,950,000 | 8,215,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,541,000 | 243,967,000 | 240,850,000 | 245,351,000 |
| Interest-bearing deposits | 211,683,000 | 207,969,000 | 202,594,000 | 206,853,000 |
| Noninterest-bearing deposits | 40,858,000 | 35,998,000 | 38,256,000 | 38,498,000 |
| Equity capital | 22,030,000 | 22,398,000 | 22,298,000 | 22,529,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,136,000 | 4,169,000 | 6,295,000 | 8,351,000 |
| Interest expense | 344,000 | 637,000 | 884,000 | 1,078,000 |
| Net interest income | 1,792,000 | 3,532,000 | 5,411,000 | 7,273,000 |
| Noninterest income | 463,000 | 728,000 | 965,000 | 1,205,000 |
| Noninterest expense | 1,784,000 | 3,611,000 | 5,458,000 | 7,205,000 |
| Provision for loan losses | -65,000 | -60,000 | -18,000 | 50,000 |
| Pretax income | 536,000 | 712,000 | 939,000 | 1,226,000 |
| Income tax | 132,000 | 161,000 | 201,000 | 249,000 |
| Net income | 404,000 | 551,000 | 738,000 | 977,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,638,000 | 21,785,000 | 21,972,000 | 22,211,000 |
| Total capital | 23,244,000 | 23,396,000 | 23,625,000 | 23,930,000 |
| Risk-weighted assets | 138,792,000 | 146,315,000 | 152,711,000 | 161,561,000 |