Call reports 2016
WESTFIELD BANK, FSB — 2016
What WESTFIELD BANK, FSB reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,135,738,000 | 1,146,065,000 | 1,219,166,000 | 1,238,215,000 |
| Total loans | 875,819,000 | 900,567,000 | 923,628,000 | 963,359,000 |
| Allowance for loan losses | 7,666,000 | 7,556,000 | 7,853,000 | 8,315,000 |
| Securities available for sale | 142,398,000 | 140,703,000 | 143,602,000 | 155,651,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,394,000 | 2,169,000 | 1,968,000 | 453,000 |
| Total deposits | 913,482,000 | 899,554,000 | 974,226,000 | 980,514,000 |
| Interest-bearing deposits | 722,210,000 | 712,954,000 | 762,977,000 | 761,907,000 |
| Noninterest-bearing deposits | 191,272,000 | 186,600,000 | 211,249,000 | 218,607,000 |
| Equity capital | 124,893,000 | 131,094,000 | 133,027,000 | 133,357,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 10,446,000 | 21,117,000 | 31,928,000 | 43,203,000 |
| Interest expense | 1,476,000 | 2,967,000 | 4,599,000 | 6,278,000 |
| Net interest income | 8,970,000 | 18,150,000 | 27,329,000 | 36,925,000 |
| Noninterest income | 1,389,000 | 2,689,000 | 4,085,000 | 5,761,000 |
| Noninterest expense | 6,818,000 | 14,193,000 | 21,705,000 | 29,828,000 |
| Provision for loan losses | 13,000 | 420,000 | 829,000 | 1,417,000 |
| Pretax income | 3,532,000 | 6,231,000 | 8,885,000 | 11,450,000 |
| Income tax | 1,046,000 | 1,802,000 | 2,381,000 | 3,086,000 |
| Net income | 2,486,000 | 4,429,000 | 6,504,000 | 8,364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,805,000 | 110,792,000 | 112,701,000 | 115,108,000 |
| Total capital | 112,471,000 | 118,348,000 | 120,554,000 | 123,423,000 |
| Risk-weighted assets | 938,472,000 | 958,456,000 | 989,650,000 | 1,028,900,000 |