Call reports 2008
MAYFLOWER CO-OPERATIVE BANK — 2008
What MAYFLOWER CO-OPERATIVE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 242,414,000 | 240,512,000 | 239,438,000 | 242,771,000 |
| Total loans | 126,181,000 | 128,105,000 | 127,355,000 | 132,252,000 |
| Allowance for loan losses | 1,380,000 | 1,376,000 | 1,377,000 | 1,377,000 |
| Securities available for sale | 49,612,000 | 49,086,000 | 47,386,000 | 46,546,000 |
| Securities held to maturity | 40,127,000 | 41,574,000 | 41,228,000 | 37,659,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,861,000 | 202,762,000 | 203,202,000 | 205,742,000 |
| Interest-bearing deposits | 189,609,000 | 188,454,000 | 186,144,000 | 190,393,000 |
| Noninterest-bearing deposits | 13,252,000 | 14,308,000 | 17,058,000 | 15,349,000 |
| Equity capital | 19,773,000 | 19,164,000 | 17,635,000 | 18,985,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,266,000 | 6,470,000 | 9,683,000 | 12,828,000 |
| Interest expense | 1,599,000 | 3,035,000 | 4,365,000 | 5,598,000 |
| Net interest income | 1,667,000 | 3,435,000 | 5,318,000 | 7,230,000 |
| Noninterest income | 385,000 | 682,000 | 1,025,000 | 1,452,000 |
| Noninterest expense | 1,718,000 | 3,468,000 | 5,217,000 | 7,099,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 362,000 | 726,000 | -714,000 | -257,000 |
| Income tax | 100,000 | 189,000 | 229,000 | -272,000 |
| Net income | 262,000 | 537,000 | -943,000 | 15,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,348,000 | 19,368,000 | 18,386,000 | 18,541,000 |
| Total capital | 20,838,000 | 20,854,000 | 19,873,000 | 20,028,000 |
| Risk-weighted assets | 136,015,000 | 135,124,000 | 132,325,000 | 136,195,000 |