Call reports 2022
COMMONWEALTH COOPERATIVE BANK — 2022
What COMMONWEALTH COOPERATIVE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 199,710,000 | 204,606,000 | 210,815,000 | 207,975,000 |
| Total loans | 121,213,000 | 126,177,000 | 131,134,000 | 134,682,000 |
| Allowance for loan losses | 753,000 | 753,000 | 803,000 | 803,000 |
| Securities available for sale | 53,742,000 | 53,889,000 | 49,347,000 | 49,001,000 |
| Securities held to maturity | 139,000 | 10,062,000 | 10,053,000 | 10,043,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,038,000 | 157,919,000 | 151,414,000 | 147,618,000 |
| Interest-bearing deposits | 135,817,000 | 132,951,000 | 125,078,000 | 124,126,000 |
| Noninterest-bearing deposits | 21,221,000 | 24,968,000 | 26,336,000 | 23,492,000 |
| Equity capital | 27,477,000 | 25,715,000 | 23,656,000 | 24,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,683,000 | 3,418,000 | 5,474,000 | 7,698,000 |
| Interest expense | 178,000 | 331,000 | 586,000 | 1,100,000 |
| Net interest income | 1,505,000 | 3,087,000 | 4,888,000 | 6,598,000 |
| Noninterest income | 77,000 | 129,000 | 182,000 | 237,000 |
| Noninterest expense | 1,217,000 | 2,341,000 | 3,552,000 | 4,763,000 |
| Provision for loan losses | -25,000 | -25,000 | 25,000 | 25,000 |
| Pretax income | 390,000 | 900,000 | 1,493,000 | 2,047,000 |
| Income tax | 96,000 | 222,000 | 367,000 | 501,000 |
| Net income | 294,000 | 678,000 | 1,126,000 | 1,546,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,073,000 | 30,457,000 | 30,905,000 | 31,326,000 |