Call reports 2021
EVERETT CO-OPERATIVE BANK — 2021
What EVERETT CO-OPERATIVE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 630,467,000 | 629,595,000 | 644,538,000 | 666,492,000 |
| Total loans | 479,501,000 | 498,124,000 | 497,019,000 | 522,764,000 |
| Allowance for loan losses | 3,966,000 | 4,056,000 | 4,146,000 | 4,236,000 |
| Securities available for sale | 5,032,000 | 5,045,000 | 5,041,000 | 5,010,000 |
| Securities held to maturity | 61,265,000 | 60,007,000 | 62,023,000 | 65,571,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 532,580,000 | 539,963,000 | 553,090,000 | 571,909,000 |
| Interest-bearing deposits | 454,600,000 | 461,280,000 | 471,933,000 | 488,442,000 |
| Noninterest-bearing deposits | 77,980,000 | 78,683,000 | 81,157,000 | 83,467,000 |
| Equity capital | 74,313,000 | 75,741,000 | 77,078,000 | 77,273,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,501,000 | 11,082,000 | 16,604,000 | 22,352,000 |
| Interest expense | 1,073,000 | 2,034,000 | 2,904,000 | 3,681,000 |
| Net interest income | 4,428,000 | 9,048,000 | 13,700,000 | 18,671,000 |
| Noninterest income | 286,000 | 544,000 | 895,000 | 1,202,000 |
| Noninterest expense | 2,864,000 | 5,718,000 | 8,819,000 | 14,042,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 1,760,000 | 3,694,000 | 5,506,000 | 5,471,000 |
| Income tax | 471,000 | 987,000 | 1,459,000 | 1,429,000 |
| Net income | 1,289,000 | 2,707,000 | 4,047,000 | 4,042,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,603,000 | 76,021,000 | 77,361,000 | 77,356,000 |
| Total capital | 78,757,000 | 80,270,000 | 81,715,000 | 81,827,000 |
| Risk-weighted assets | 420,501,000 | 439,969,000 | 443,452,000 | 460,521,000 |