Call reports 2019
WESTFIELD BANK, FSB — 2019
What WESTFIELD BANK, FSB reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,540,720,000 | 1,466,586,000 | 1,493,768,000 | 1,480,441,000 |
| Total loans | 1,169,199,000 | 1,176,539,000 | 1,177,306,000 | 1,186,159,000 |
| Allowance for loan losses | 10,568,000 | 11,128,000 | 10,561,000 | 10,304,000 |
| Securities available for sale | 134,658,000 | 129,566,000 | 122,281,000 | 127,796,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,527,000 | 2,703,000 | 3,469,000 | 2,767,000 |
| Total deposits | 1,286,437,000 | 1,193,988,000 | 1,232,553,000 | 1,218,949,000 |
| Interest-bearing deposits | 1,039,089,000 | 956,404,000 | 987,249,000 | 957,271,000 |
| Noninterest-bearing deposits | 247,348,000 | 237,584,000 | 245,304,000 | 261,678,000 |
| Equity capital | 165,691,000 | 169,670,000 | 173,996,000 | 177,822,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 15,100,000 | 30,629,000 | 46,316,000 | 61,457,000 |
| Interest expense | 3,636,000 | 7,639,000 | 11,778,000 | 15,650,000 |
| Net interest income | 11,464,000 | 22,990,000 | 34,538,000 | 45,807,000 |
| Noninterest income | 1,730,000 | 3,541,000 | 5,423,000 | 7,513,000 |
| Noninterest expense | 8,536,000 | 17,300,000 | 26,160,000 | 34,961,000 |
| Provision for loan losses | 196,000 | 1,274,000 | 749,000 | 734,000 |
| Pretax income | 4,462,000 | 7,957,000 | 13,052,000 | 17,620,000 |
| Income tax | 849,000 | 1,493,000 | 2,493,000 | 3,385,000 |
| Net income | 3,613,000 | 6,464,000 | 10,559,000 | 14,235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 148,453,000 | 151,359,000 | 155,509,000 | 159,239,000 |
| Total capital | 159,110,000 | 162,532,000 | 166,145,000 | 169,612,000 |
| Risk-weighted assets | 1,161,017,000 | 1,174,945,000 | 1,158,425,000 | 1,175,550,000 |