Call reports 2021
COMMONWEALTH COOPERATIVE BANK — 2021
What COMMONWEALTH COOPERATIVE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 195,753,000 | 199,914,000 | 200,187,000 | 200,332,000 |
| Total loans | 141,573,000 | 133,255,000 | 129,302,000 | 123,934,000 |
| Allowance for loan losses | 1,028,000 | 778,000 | 778,000 | 778,000 |
| Securities available for sale | 22,311,000 | 32,261,000 | 39,685,000 | 46,829,000 |
| Securities held to maturity | 203,000 | 184,000 | 167,000 | 152,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,832,000 | 152,353,000 | 154,494,000 | 154,468,000 |
| Interest-bearing deposits | 129,156,000 | 131,898,000 | 133,285,000 | 131,512,000 |
| Noninterest-bearing deposits | 19,676,000 | 20,455,000 | 21,209,000 | 22,956,000 |
| Equity capital | 29,048,000 | 29,419,000 | 29,485,000 | 29,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,762,000 | 3,463,000 | 5,096,000 | 6,731,000 |
| Interest expense | 256,000 | 472,000 | 670,000 | 850,000 |
| Net interest income | 1,506,000 | 2,991,000 | 4,426,000 | 5,881,000 |
| Noninterest income | 51,000 | 116,000 | 166,000 | 222,000 |
| Noninterest expense | 1,163,000 | 2,687,000 | 3,857,000 | 5,008,000 |
| Provision for loan losses | 10,000 | -240,000 | -240,000 | -240,000 |
| Pretax income | 384,000 | 660,000 | 1,003,000 | 1,363,000 |
| Income tax | 96,000 | 133,000 | 215,000 | 302,000 |
| Net income | 288,000 | 527,000 | 788,000 | 1,061,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,007,000 | 29,246,000 | 29,506,000 | 29,780,000 |