Call reports 2017
WESTFIELD BANK, FSB — 2017
What WESTFIELD BANK, FSB reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,274,465,000 | 1,317,155,000 | 1,346,074,000 | 1,371,076,000 |
| Total loans | 997,158,000 | 1,031,107,000 | 1,050,382,000 | 1,062,332,000 |
| Allowance for loan losses | 8,998,000 | 9,444,000 | 9,457,000 | 9,505,000 |
| Securities available for sale | 162,846,000 | 169,239,000 | 176,648,000 | 181,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 678,000 | 687,000 | 661,000 | 677,000 |
| Total deposits | 1,015,655,000 | 1,027,999,000 | 1,055,467,000 | 1,018,935,000 |
| Interest-bearing deposits | 795,642,000 | 793,214,000 | 804,088,000 | 753,634,000 |
| Noninterest-bearing deposits | 220,013,000 | 234,785,000 | 251,379,000 | 265,301,000 |
| Equity capital | 140,524,000 | 143,232,000 | 145,795,000 | 149,927,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 11,947,000 | 24,196,000 | 36,938,000 | 50,073,000 |
| Interest expense | 1,697,000 | 3,494,000 | 5,316,000 | 7,221,000 |
| Net interest income | 10,250,000 | 20,702,000 | 31,622,000 | 42,852,000 |
| Noninterest income | 1,360,000 | 3,011,000 | 4,465,000 | 6,906,000 |
| Noninterest expense | 8,216,000 | 16,437,000 | 24,504,000 | 32,590,000 |
| Provision for loan losses | 430,000 | 1,007,000 | 1,165,000 | 1,319,000 |
| Pretax income | 2,963,000 | 6,268,000 | 10,417,000 | 15,848,000 |
| Income tax | 858,000 | 1,833,000 | 3,113,000 | 3,507,000 |
| Net income | 2,105,000 | 4,435,000 | 7,304,000 | 12,341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,061,000 | 124,644,000 | 127,217,000 | 132,363,000 |
| Total capital | 131,185,000 | 134,193,000 | 136,768,000 | 141,954,000 |
| Risk-weighted assets | 1,051,804,000 | 1,057,711,000 | 1,072,341,000 | 1,081,149,000 |