Call reports 2011
EVERETT CO-OPERATIVE BANK — 2011
What EVERETT CO-OPERATIVE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 289,841,000 | 295,646,000 | 300,912,000 | 303,210,000 |
| Total loans | 235,231,000 | 244,097,000 | 248,851,000 | 252,512,000 |
| Allowance for loan losses | 1,598,000 | 1,688,000 | 1,827,000 | 2,220,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 23,650,000 | 26,254,000 | 22,779,000 | 19,354,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 239,217,000 | 236,680,000 | 241,727,000 | 243,074,000 |
| Interest-bearing deposits | 223,950,000 | 221,540,000 | 225,277,000 | 223,783,000 |
| Noninterest-bearing deposits | 15,267,000 | 15,140,000 | 16,450,000 | 19,291,000 |
| Equity capital | 36,272,000 | 37,165,000 | 38,015,000 | 38,751,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,544,000 | 7,201,000 | 10,859,000 | 14,648,000 |
| Interest expense | 849,000 | 1,691,000 | 2,522,000 | 3,310,000 |
| Net interest income | 2,695,000 | 5,510,000 | 8,337,000 | 11,338,000 |
| Noninterest income | 149,000 | 290,000 | 435,000 | 553,000 |
| Noninterest expense | 1,431,000 | 2,843,000 | 4,188,000 | 5,613,000 |
| Provision for loan losses | 90,000 | 180,000 | 425,000 | 925,000 |
| Pretax income | 1,323,000 | 2,777,000 | 4,159,000 | 5,353,000 |
| Income tax | 510,000 | 1,071,000 | 1,604,000 | 2,062,000 |
| Net income | 813,000 | 1,706,000 | 2,555,000 | 3,291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,399,000 | 37,292,000 | 38,141,000 | 38,877,000 |
| Total capital | 38,082,000 | 39,070,000 | 40,063,000 | 41,197,000 |
| Risk-weighted assets | 187,694,000 | 193,575,000 | 201,220,000 | 203,913,000 |