Call reports 2022
WAKEFIELD CO-OPERATIVE BANK — 2022
What WAKEFIELD CO-OPERATIVE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 270,515,000 | 276,059,000 | 282,775,000 | 300,926,000 |
| Total loans | 207,091,000 | 214,902,000 | 224,129,000 | 238,878,000 |
| Allowance for loan losses | 1,773,000 | 1,713,000 | 1,726,000 | 1,776,000 |
| Securities available for sale | 39,935,000 | 37,385,000 | 34,453,000 | 34,082,000 |
| Securities held to maturity | 9,707,000 | 10,637,000 | 12,088,000 | 12,504,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,627,000 | 251,301,000 | 255,541,000 | 254,125,000 |
| Interest-bearing deposits | 210,579,000 | 209,957,000 | 211,072,000 | 213,134,000 |
| Noninterest-bearing deposits | 39,048,000 | 41,344,000 | 44,469,000 | 40,991,000 |
| Equity capital | 20,454,000 | 19,437,000 | 18,574,000 | 19,380,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,079,000 | 4,293,000 | 6,676,000 | 9,275,000 |
| Interest expense | 167,000 | 332,000 | 561,000 | 1,084,000 |
| Net interest income | 1,912,000 | 3,961,000 | 6,115,000 | 8,191,000 |
| Noninterest income | 225,000 | 373,000 | 550,000 | 624,000 |
| Noninterest expense | 1,909,000 | 3,888,000 | 5,876,000 | 7,783,000 |
| Provision for loan losses | 54,000 | -6,000 | 8,000 | 58,000 |
| Pretax income | 178,000 | 452,000 | 792,000 | 985,000 |
| Income tax | 13,000 | 51,000 | 104,000 | 115,000 |
| Net income | 165,000 | 401,000 | 688,000 | 870,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,376,000 | 22,612,000 | 22,899,000 | 23,081,000 |
| Total capital | 24,149,000 | 24,325,000 | 24,625,000 | 24,857,000 |
| Risk-weighted assets | 167,528,000 | 169,922,000 | 174,565,000 | 181,933,000 |