Call reports 2021
SAVERS CO-OPERATIVE BANK — 2021
What SAVERS 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 | 663,831,000 | 663,871,000 | 673,307,000 | 678,062,000 |
| Total loans | 478,774,000 | 472,966,000 | 469,009,000 | 458,820,000 |
| Allowance for loan losses | 4,976,000 | 5,090,000 | 5,198,000 | 5,020,000 |
| Securities available for sale | 64,610,000 | 63,941,000 | 65,106,000 | 76,537,000 |
| Securities held to maturity | 1,005,000 | 908,000 | 834,000 | 767,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 517,004,000 | 516,840,000 | 525,171,000 | 534,114,000 |
| Interest-bearing deposits | 435,700,000 | 431,756,000 | 441,614,000 | 447,557,000 |
| Noninterest-bearing deposits | 81,304,000 | 85,084,000 | 83,557,000 | 86,557,000 |
| Equity capital | 70,146,000 | 71,267,000 | 72,089,000 | 73,837,000 |
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 | 5,139,000 | 10,300,000 | 15,324,000 | 20,361,000 |
| Interest expense | 772,000 | 1,506,000 | 2,206,000 | 2,858,000 |
| Net interest income | 4,367,000 | 8,794,000 | 13,118,000 | 17,503,000 |
| Noninterest income | 906,000 | 1,855,000 | 2,708,000 | 4,902,000 |
| Noninterest expense | 3,959,000 | 7,864,000 | 11,818,000 | 15,649,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 210,000 |
| Pretax income | 1,193,000 | 2,541,000 | 3,642,000 | 6,540,000 |
| Income tax | 286,000 | 600,000 | 862,000 | 1,628,000 |
| Net income | 907,000 | 1,941,000 | 2,780,000 | 4,912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,484,000 | 70,517,000 | 71,356,000 | 73,489,000 |