Call reports 2024
COMMONWEALTH COOPERATIVE BANK — 2024
What COMMONWEALTH COOPERATIVE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 206,856,000 | 202,724,000 | 206,454,000 | 214,671,000 |
| Total loans | 132,910,000 | 132,769,000 | 132,207,000 | 132,966,000 |
| Allowance for loan losses | 777,000 | 777,000 | 777,000 | 777,000 |
| Securities available for sale | 42,941,000 | 42,081,000 | 43,334,000 | 40,398,000 |
| Securities held to maturity | 10,015,000 | 10,012,000 | 10,011,000 | 10,008,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,827,000 | 129,462,000 | 132,654,000 | 139,105,000 |
| Interest-bearing deposits | 108,151,000 | 106,609,000 | 113,313,000 | 104,710,000 |
| Noninterest-bearing deposits | 21,676,000 | 22,853,000 | 19,341,000 | 34,395,000 |
| Equity capital | 25,448,000 | 25,566,000 | 27,234,000 | 25,761,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,358,000 | 4,677,000 | 7,072,000 | 9,437,000 |
| Interest expense | 1,053,000 | 2,161,000 | 3,396,000 | 4,573,000 |
| Net interest income | 1,305,000 | 2,516,000 | 3,676,000 | 4,864,000 |
| Noninterest income | 50,000 | 107,000 | 158,000 | 212,000 |
| Noninterest expense | 1,173,000 | 2,321,000 | 3,442,000 | 4,566,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 182,000 | 302,000 | 392,000 | 510,000 |
| Income tax | 43,000 | 66,000 | 78,000 | 116,000 |
| Net income | 139,000 | 236,000 | 314,000 | 394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,460,000 | 32,556,000 | 32,630,000 | 32,710,000 |