Call reports 2016
COMMONWEALTH COOPERATIVE BANK — 2016
What COMMONWEALTH COOPERATIVE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 176,549,000 | 178,362,000 | 183,359,000 | 181,498,000 |
| Total loans | 123,229,000 | 125,898,000 | 129,342,000 | 129,878,000 |
| Allowance for loan losses | 831,000 | 751,000 | 756,000 | 776,000 |
| Securities available for sale | 26,684,000 | 26,215,000 | 25,789,000 | 24,794,000 |
| Securities held to maturity | 1,249,000 | 1,156,000 | 1,075,000 | 1,008,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,955,000 | 119,338,000 | 124,164,000 | 125,251,000 |
| Interest-bearing deposits | 105,820,000 | 107,952,000 | 112,072,000 | 110,465,000 |
| Noninterest-bearing deposits | 12,135,000 | 11,386,000 | 12,092,000 | 14,786,000 |
| Equity capital | 24,812,000 | 25,177,000 | 25,317,000 | 25,229,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,644,000 | 3,252,000 | 4,864,000 | 6,542,000 |
| Interest expense | 274,000 | 548,000 | 835,000 | 1,128,000 |
| Net interest income | 1,370,000 | 2,704,000 | 4,029,000 | 5,414,000 |
| Noninterest income | 60,000 | 116,000 | 173,000 | 232,000 |
| Noninterest expense | 1,129,000 | 2,312,000 | 3,362,000 | 4,423,000 |
| Provision for loan losses | -20,000 | -100,000 | -95,000 | -75,000 |
| Pretax income | 371,000 | 704,000 | 1,031,000 | 1,394,000 |
| Income tax | 105,000 | 196,000 | 288,000 | 387,000 |
| Net income | 266,000 | 508,000 | 743,000 | 1,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,980,000 | 24,240,000 | 24,492,000 | 24,777,000 |
| Total capital | 24,811,000 | 24,991,000 | 25,248,000 | 25,553,000 |
| Risk-weighted assets | 88,926,000 | 91,883,000 | 93,892,000 | 93,845,000 |