Call reports 2018
WESTFIELD BANK, FSB — 2018
What WESTFIELD BANK, FSB reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,389,607,000 | 1,396,103,000 | 1,402,881,000 | 1,428,437,000 |
| Total loans | 1,084,706,000 | 1,101,073,000 | 1,118,077,000 | 1,146,117,000 |
| Allowance for loan losses | 9,626,000 | 9,536,000 | 10,333,000 | 10,450,000 |
| Securities available for sale | 171,320,000 | 162,833,000 | 153,464,000 | 146,771,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,052,000 | 1,192,000 | 1,170,000 | 798,000 |
| Total deposits | 1,085,503,000 | 1,039,165,000 | 1,076,039,000 | 1,114,950,000 |
| Interest-bearing deposits | 778,175,000 | 796,053,000 | 834,556,000 | 865,698,000 |
| Noninterest-bearing deposits | 307,328,000 | 243,112,000 | 241,483,000 | 249,252,000 |
| Equity capital | 151,573,000 | 154,823,000 | 157,410,000 | 160,860,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 12,884,000 | 26,471,000 | 40,532,000 | 55,061,000 |
| Interest expense | 2,043,000 | 4,457,000 | 7,059,000 | 10,247,000 |
| Net interest income | 10,841,000 | 22,014,000 | 33,473,000 | 44,814,000 |
| Noninterest income | 1,559,000 | 3,458,000 | 5,131,000 | 5,760,000 |
| Noninterest expense | 8,131,000 | 16,495,000 | 24,891,000 | 33,462,000 |
| Provision for loan losses | 230,000 | 419,000 | 1,279,000 | 1,427,000 |
| Pretax income | 4,039,000 | 8,559,000 | 12,435,000 | 15,686,000 |
| Income tax | 743,000 | 1,594,000 | 2,317,000 | 2,952,000 |
| Net income | 3,296,000 | 6,965,000 | 10,118,000 | 12,734,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 135,545,000 | 139,280,000 | 142,501,000 | 144,785,000 |
| Total capital | 145,265,000 | 148,891,000 | 152,904,000 | 155,332,000 |
| Risk-weighted assets | 1,098,997,000 | 1,118,929,000 | 1,132,723,000 | 1,145,802,000 |