Call reports 2020
COMMONWEALTH COOPERATIVE BANK — 2020
What COMMONWEALTH COOPERATIVE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 192,481,000 | 193,124,000 | 189,492,000 | 191,336,000 |
| Total loans | 148,644,000 | 150,480,000 | 145,599,000 | 143,093,000 |
| Allowance for loan losses | 903,000 | 978,000 | 1,008,000 | 1,018,000 |
| Securities available for sale | 20,846,000 | 15,829,000 | 19,238,000 | 20,662,000 |
| Securities held to maturity | 321,000 | 294,000 | 258,000 | 229,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,945,000 | 140,251,000 | 138,191,000 | 141,648,000 |
| Interest-bearing deposits | 123,950,000 | 117,141,000 | 117,464,000 | 122,913,000 |
| Noninterest-bearing deposits | 16,995,000 | 23,110,000 | 20,727,000 | 18,735,000 |
| Equity capital | 28,743,000 | 28,420,000 | 28,752,000 | 29,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,208,000 | 4,118,000 | 5,994,000 | 7,830,000 |
| Interest expense | 484,000 | 901,000 | 1,262,000 | 1,595,000 |
| Net interest income | 1,724,000 | 3,217,000 | 4,732,000 | 6,235,000 |
| Noninterest income | 63,000 | 111,000 | 164,000 | 216,000 |
| Noninterest expense | 1,391,000 | 3,406,000 | 4,516,000 | 5,653,000 |
| Provision for loan losses | 85,000 | 160,000 | 190,000 | 200,000 |
| Pretax income | 513,000 | 75,000 | 503,000 | 911,000 |
| Income tax | 116,000 | 7,000 | 112,000 | 213,000 |
| Net income | 397,000 | 68,000 | 391,000 | 698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,412,000 | 28,182,000 | 28,505,000 | 28,719,000 |