Call reports 2017
EVERETT CO-OPERATIVE BANK — 2017
What EVERETT CO-OPERATIVE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 453,337,000 | 462,344,000 | 467,516,000 | 471,649,000 |
| Total loans | 380,690,000 | 389,979,000 | 400,397,000 | 406,140,000 |
| Allowance for loan losses | 2,944,000 | 3,004,000 | 3,090,000 | 3,149,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 34,232,000 | 37,328,000 | 37,350,000 | 36,228,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 384,608,000 | 399,112,000 | 394,323,000 | 393,845,000 |
| Interest-bearing deposits | 349,707,000 | 363,419,000 | 357,824,000 | 355,031,000 |
| Noninterest-bearing deposits | 34,901,000 | 35,693,000 | 36,499,000 | 38,814,000 |
| Equity capital | 57,626,000 | 58,425,000 | 59,215,000 | 59,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,284,000 | 8,670,000 | 13,202,000 | 17,830,000 |
| Interest expense | 1,023,000 | 2,063,000 | 3,138,000 | 4,231,000 |
| Net interest income | 3,261,000 | 6,607,000 | 10,064,000 | 13,599,000 |
| Noninterest income | 150,000 | 328,000 | 513,000 | 767,000 |
| Noninterest expense | 2,065,000 | 4,236,000 | 6,508,000 | 8,767,000 |
| Provision for loan losses | 60,000 | 120,000 | 210,000 | 270,000 |
| Pretax income | 1,286,000 | 2,579,000 | 3,859,000 | 5,329,000 |
| Income tax | 492,000 | 986,000 | 1,476,000 | 2,577,000 |
| Net income | 794,000 | 1,593,000 | 2,383,000 | 2,752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,800,000 | 58,512,000 | 59,215,000 | 59,584,000 |
| Total capital | 60,906,000 | 61,685,000 | 62,474,000 | 62,902,000 |
| Risk-weighted assets | 304,037,000 | 313,104,000 | 323,654,000 | 326,442,000 |