Call reports 2022
WESTFIELD BANK, FSB — 2022
What WESTFIELD BANK, FSB reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,033,412,000 | 2,030,837,000 | 2,029,232,000 | 2,032,759,000 |
| Total loans | 1,442,706,000 | 1,467,525,000 | 1,503,872,000 | 1,544,722,000 |
| Allowance for loan losses | 14,968,000 | 15,670,000 | 15,814,000 | 15,318,000 |
| Securities available for sale | 311,995,000 | 294,846,000 | 273,723,000 | 261,118,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,398,000 | 2,279,000 | 4,378,000 | 4,179,000 |
| Total deposits | 1,810,994,000 | 1,680,653,000 | 1,682,410,000 | 1,627,633,000 |
| Interest-bearing deposits | 1,402,110,000 | 1,266,256,000 | 1,269,898,000 | 1,215,536,000 |
| Noninterest-bearing deposits | 408,884,000 | 414,397,000 | 412,512,000 | 412,097,000 |
| Equity capital | 201,420,000 | 198,315,000 | 191,678,000 | 195,927,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 15,571,000 | 31,608,000 | 49,433,000 | 68,573,000 |
| Interest expense | 943,000 | 1,978,000 | 4,183,000 | 8,297,000 |
| Net interest income | 14,628,000 | 29,630,000 | 45,250,000 | 60,276,000 |
| Noninterest income | 3,192,000 | 5,218,000 | 6,949,000 | 9,336,000 |
| Noninterest expense | 10,011,000 | 20,465,000 | 31,221,000 | 41,402,000 |
| Provision for loan losses | 0 | 743,000 | 905,000 | 519,000 |
| Pretax income | 7,809,000 | 13,640,000 | 20,073,000 | 27,368,000 |
| Income tax | 1,531,000 | 2,654,000 | 3,923,000 | 5,255,000 |
| Net income | 6,278,000 | 10,986,000 | 16,150,000 | 22,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 197,520,000 | 202,243,000 | 207,420,000 | 208,727,000 |