Call reports 2014
COMMONWEALTH COOPERATIVE BANK — 2014
What COMMONWEALTH COOPERATIVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 172,185,000 | 173,401,000 | 173,312,000 | 174,045,000 |
| Total loans | 111,922,000 | 119,381,000 | 122,501,000 | 122,569,000 |
| Allowance for loan losses | 691,000 | 691,000 | 701,000 | 731,000 |
| Securities available for sale | 34,572,000 | 32,981,000 | 29,049,000 | 28,574,000 |
| Securities held to maturity | 2,463,000 | 2,288,000 | 2,142,000 | 2,030,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,373,000 | 113,779,000 | 112,283,000 | 114,467,000 |
| Interest-bearing deposits | 102,619,000 | 102,379,000 | 101,983,000 | 102,735,000 |
| Noninterest-bearing deposits | 10,754,000 | 11,400,000 | 10,300,000 | 11,732,000 |
| Equity capital | 22,025,000 | 22,650,000 | 22,990,000 | 23,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,565,000 | 3,174,000 | 4,826,000 | 6,510,000 |
| Interest expense | 297,000 | 587,000 | 875,000 | 1,159,000 |
| Net interest income | 1,268,000 | 2,587,000 | 3,951,000 | 5,351,000 |
| Noninterest income | 63,000 | 131,000 | 186,000 | 251,000 |
| Noninterest expense | 989,000 | 2,037,000 | 3,053,000 | 4,089,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 40,000 |
| Pretax income | 342,000 | 743,000 | 1,174,000 | 1,573,000 |
| Income tax | 110,000 | 187,000 | 314,000 | 426,000 |
| Net income | 232,000 | 556,000 | 860,000 | 1,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,419,000 | 21,944,000 | 22,470,000 | 22,900,000 |
| Total capital | 22,110,000 | 22,635,000 | 23,171,000 | 23,631,000 |
| Risk-weighted assets | 78,777,000 | 85,465,000 | 88,029,000 | 87,566,000 |