Call reports 2013
EVERETT CO-OPERATIVE BANK — 2013
What EVERETT CO-OPERATIVE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 333,846,000 | 335,543,000 | 333,664,000 | 350,234,000 |
| Total loans | 271,396,000 | 279,691,000 | 283,273,000 | 296,823,000 |
| Allowance for loan losses | 2,896,000 | 2,954,000 | 2,972,000 | 2,528,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,776,000 | 14,856,000 | 13,895,000 | 15,237,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,032,000 | 269,084,000 | 275,928,000 | 276,315,000 |
| Interest-bearing deposits | 242,165,000 | 246,730,000 | 250,636,000 | 252,482,000 |
| Noninterest-bearing deposits | 21,867,000 | 22,354,000 | 25,292,000 | 23,833,000 |
| Equity capital | 43,523,000 | 44,382,000 | 45,282,000 | 46,211,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,616,000 | 7,135,000 | 10,636,000 | 14,454,000 |
| Interest expense | 671,000 | 1,360,000 | 2,091,000 | 2,820,000 |
| Net interest income | 2,945,000 | 5,775,000 | 8,545,000 | 11,634,000 |
| Noninterest income | 210,000 | 370,000 | 514,000 | 646,000 |
| Noninterest expense | 1,504,000 | 3,029,000 | 4,473,000 | 6,020,000 |
| Provision for loan losses | 15,000 | 70,000 | 85,000 | 250,000 |
| Pretax income | 1,636,000 | 3,046,000 | 4,501,000 | 6,010,000 |
| Income tax | 641,000 | 1,192,000 | 1,747,000 | 2,327,000 |
| Net income | 995,000 | 1,854,000 | 2,754,000 | 3,683,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,670,000 | 44,529,000 | 45,429,000 | 46,358,000 |
| Total capital | 46,473,000 | 47,445,000 | 48,329,000 | 49,013,000 |
| Risk-weighted assets | 224,055,000 | 233,129,000 | 231,837,000 | 243,006,000 |