Call reports 2014
WESTFIELD BANK, FSB — 2014
What WESTFIELD BANK, FSB 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 | 813,731,000 | 829,448,000 | 970,659,000 | 979,243,000 |
| Total loans | 572,790,000 | 587,407,000 | 729,595,000 | 740,243,000 |
| Allowance for loan losses | 7,920,000 | 7,756,000 | 7,893,000 | 7,520,000 |
| Securities available for sale | 180,919,000 | 174,152,000 | 161,965,000 | 154,951,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 317,000 | 284,000 | 228,000 | 251,000 |
| Total deposits | 674,820,000 | 669,547,000 | 776,657,000 | 768,247,000 |
| Interest-bearing deposits | 535,970,000 | 530,468,000 | 615,556,000 | 602,188,000 |
| Noninterest-bearing deposits | 138,850,000 | 139,079,000 | 161,101,000 | 166,059,000 |
| Equity capital | 90,526,000 | 92,924,000 | 111,115,000 | 113,514,000 |
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 | 7,855,000 | 15,444,000 | 23,507,000 | 33,014,000 |
| Interest expense | 1,169,000 | 2,309,000 | 3,464,000 | 4,643,000 |
| Net interest income | 6,686,000 | 13,135,000 | 20,043,000 | 28,371,000 |
| Noninterest income | 966,000 | 2,045,000 | 3,393,000 | 5,150,000 |
| Noninterest expense | 5,316,000 | 10,953,000 | 17,145,000 | 24,047,000 |
| Provision for loan losses | 554,000 | 586,000 | 710,000 | 708,000 |
| Pretax income | 1,800,000 | 3,659,000 | 5,599,000 | 8,784,000 |
| Income tax | 446,000 | 908,000 | 1,397,000 | 2,356,000 |
| Net income | 1,354,000 | 2,751,000 | 4,202,000 | 6,428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,444,000 | 83,896,000 | 91,052,000 | 92,776,000 |
| Total capital | 90,290,000 | 91,652,000 | 98,945,000 | 100,296,000 |
| Risk-weighted assets | 627,570,000 | 653,533,000 | 773,439,000 | 771,964,000 |