Call reports 2016
EVERETT CO-OPERATIVE BANK — 2016
What EVERETT CO-OPERATIVE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 431,942,000 | 439,230,000 | 437,222,000 | 446,996,000 |
| Total loans | 352,892,000 | 360,209,000 | 376,743,000 | 377,865,000 |
| Allowance for loan losses | 2,957,000 | 3,017,000 | 2,795,000 | 2,883,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 35,801,000 | 34,747,000 | 31,440,000 | 35,216,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 364,137,000 | 375,467,000 | 375,539,000 | 379,254,000 |
| Interest-bearing deposits | 335,162,000 | 343,119,000 | 343,887,000 | 346,275,000 |
| Noninterest-bearing deposits | 28,975,000 | 32,348,000 | 31,652,000 | 32,979,000 |
| Equity capital | 54,271,000 | 55,057,000 | 55,836,000 | 56,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,124,000 | 8,227,000 | 12,401,000 | 16,723,000 |
| Interest expense | 936,000 | 1,933,000 | 2,968,000 | 4,011,000 |
| Net interest income | 3,188,000 | 6,294,000 | 9,433,000 | 12,712,000 |
| Noninterest income | 137,000 | 316,000 | 490,000 | 691,000 |
| Noninterest expense | 2,061,000 | 4,077,000 | 6,067,000 | 7,739,000 |
| Provision for loan losses | 0 | 60,000 | 120,000 | 210,000 |
| Pretax income | 1,264,000 | 2,473,000 | 3,736,000 | 5,454,000 |
| Income tax | 485,000 | 947,000 | 1,430,000 | 2,095,000 |
| Net income | 779,000 | 1,526,000 | 2,306,000 | 3,359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,271,000 | 55,057,000 | 55,836,000 | 56,919,000 |
| Total capital | 57,355,000 | 58,201,000 | 58,765,000 | 59,944,000 |
| Risk-weighted assets | 277,452,000 | 282,679,000 | 298,426,000 | 296,949,000 |