Call reports 2014
SAVERS CO-OPERATIVE BANK — 2014
What SAVERS CO-OPERATIVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 457,970,000 | 458,081,000 | 462,440,000 | 458,242,000 |
| Total loans | 350,045,000 | 348,027,000 | 363,342,000 | 360,785,000 |
| Allowance for loan losses | 2,880,000 | 3,118,000 | 3,254,000 | 3,325,000 |
| Securities available for sale | 42,363,000 | 40,978,000 | 40,968,000 | 38,653,000 |
| Securities held to maturity | 22,936,000 | 21,492,000 | 20,735,000 | 21,952,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,907,000 | 338,624,000 | 338,690,000 | 337,866,000 |
| Interest-bearing deposits | 309,032,000 | 307,007,000 | 304,083,000 | 302,409,000 |
| Noninterest-bearing deposits | 28,874,000 | 31,618,000 | 34,607,000 | 35,457,000 |
| Equity capital | 48,579,000 | 49,031,000 | 49,643,000 | 50,243,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,029,000 | 8,164,000 | 12,362,000 | 16,563,000 |
| Interest expense | 670,000 | 1,376,000 | 2,077,000 | 2,760,000 |
| Net interest income | 3,359,000 | 6,788,000 | 10,285,000 | 13,803,000 |
| Noninterest income | 587,000 | 1,244,000 | 1,993,000 | 2,770,000 |
| Noninterest expense | 3,248,000 | 6,544,000 | 9,766,000 | 13,032,000 |
| Provision for loan losses | 165,000 | 420,000 | 585,000 | 780,000 |
| Pretax income | 533,000 | 1,068,000 | 1,934,000 | 2,754,000 |
| Income tax | 137,000 | 277,000 | 548,000 | 795,000 |
| Net income | 396,000 | 791,000 | 1,386,000 | 1,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,386,000 | 48,780,000 | 49,374,000 | 49,948,000 |
| Total capital | 51,378,000 | 52,015,000 | 52,736,000 | 53,378,000 |
| Risk-weighted assets | 293,747,000 | 286,003,000 | 298,526,000 | 296,530,000 |