Call reports 2008
COOPERATIVE BANK — 2008
What COOPERATIVE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 958,700,000 | 973,207,000 | 981,910,000 | 950,491,000 |
| Total loans | 848,346,000 | 868,246,000 | 884,474,000 | 888,211,000 |
| Allowance for loan losses | 9,425,000 | 11,464,000 | 15,016,000 | 36,262,000 |
| Securities available for sale | 45,751,000 | 44,508,000 | 36,064,000 | 30,327,000 |
| Securities held to maturity | 4,449,000 | 4,381,000 | 3,325,000 | 3,275,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 729,304,000 | 732,823,000 | 710,741,000 | 696,321,000 |
| Interest-bearing deposits | 683,537,000 | 690,742,000 | 670,194,000 | 657,824,000 |
| Noninterest-bearing deposits | 45,767,000 | 42,081,000 | 40,547,000 | 38,497,000 |
| Equity capital | 80,162,000 | 78,923,000 | 70,501,000 | 34,913,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 15,296,000 | 29,752,000 | 43,966,000 | 56,858,000 |
| Interest expense | 8,790,000 | 16,773,000 | 24,355,000 | 31,652,000 |
| Net interest income | 6,506,000 | 12,979,000 | 19,611,000 | 25,206,000 |
| Noninterest income | 1,142,000 | 2,165,000 | 2,815,000 | 3,811,000 |
| Noninterest expense | 5,444,000 | 10,940,000 | 16,696,000 | 27,982,000 |
| Provision for loan losses | 855,000 | 3,325,000 | 7,475,000 | 36,147,000 |
| Pretax income | 1,349,000 | 879,000 | -10,832,000 | -44,742,000 |
| Income tax | 359,000 | 1,000 | -3,008,000 | -1,139,000 |
| Net income | 990,000 | 878,000 | -7,824,000 | -43,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,318,000 | 73,690,000 | 63,423,000 | 34,285,000 |
| Total capital | 83,743,000 | 83,727,000 | 73,736,000 | 44,337,000 |
| Risk-weighted assets | 793,558,000 | 801,553,000 | 820,306,000 | 777,967,000 |