Call reports 2013
WESTFIELD BANK, FSB — 2013
What WESTFIELD BANK, FSB reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 813,755,000 | 786,741,000 | 796,057,000 | 830,298,000 |
| Total loans | 549,539,000 | 551,296,000 | 564,515,000 | 562,244,000 |
| Allowance for loan losses | 7,582,000 | 7,619,000 | 7,496,000 | 7,340,000 |
| Securities available for sale | 186,882,000 | 180,248,000 | 183,133,000 | 198,488,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 669,000 | 542,000 | 510,000 | 355,000 |
| Total deposits | 677,026,000 | 648,056,000 | 655,477,000 | 677,214,000 |
| Interest-bearing deposits | 573,697,000 | 539,925,000 | 534,877,000 | 533,295,000 |
| Noninterest-bearing deposits | 103,329,000 | 108,131,000 | 120,600,000 | 143,919,000 |
| Equity capital | 85,933,000 | 85,368,000 | 87,507,000 | 88,378,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 8,066,000 | 15,907,000 | 23,627,000 | 31,573,000 |
| Interest expense | 1,434,000 | 2,782,000 | 4,084,000 | 5,338,000 |
| Net interest income | 6,632,000 | 13,125,000 | 19,543,000 | 26,235,000 |
| Noninterest income | 1,373,000 | 2,987,000 | 4,231,000 | 5,526,000 |
| Noninterest expense | 5,116,000 | 10,202,000 | 15,236,000 | 20,819,000 |
| Provision for loan losses | 619,000 | 936,000 | 893,000 | 1,024,000 |
| Pretax income | 2,474,000 | 5,179,000 | 7,850,000 | 10,123,000 |
| Income tax | 737,000 | 1,522,000 | 2,321,000 | 2,873,000 |
| Net income | 1,737,000 | 3,657,000 | 5,529,000 | 7,250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,274,000 | 77,255,000 | 79,189,000 | 81,036,000 |
| Total capital | 82,643,000 | 84,833,000 | 86,685,000 | 88,376,000 |
| Risk-weighted assets | 589,351,000 | 606,231,000 | 613,380,000 | 616,172,000 |