Call reports 2008
NORTH CAMBRIDGE CO-OPERATIVE BANK — 2008
What NORTH CAMBRIDGE 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 | 89,087,000 | 90,046,000 | 86,215,000 | 87,129,000 |
| Total loans | 37,626,000 | 37,010,000 | 38,815,000 | 39,369,000 |
| Allowance for loan losses | 582,000 | 582,000 | 582,000 | 582,000 |
| Securities available for sale | 11,478,000 | 10,782,000 | 10,279,000 | 22,527,000 |
| Securities held to maturity | 21,462,000 | 23,423,000 | 23,522,000 | 15,805,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,748,000 | 72,467,000 | 68,745,000 | 69,714,000 |
| Interest-bearing deposits | 69,518,000 | 69,908,000 | 67,261,000 | 68,503,000 |
| Noninterest-bearing deposits | 1,230,000 | 2,559,000 | 1,484,000 | 1,211,000 |
| Equity capital | 17,680,000 | 17,277,000 | 17,037,000 | 17,170,000 |
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 | 1,054,000 | 2,018,000 | 2,955,000 | 3,859,000 |
| Interest expense | 622,000 | 1,201,000 | 1,720,000 | 2,199,000 |
| Net interest income | 432,000 | 817,000 | 1,235,000 | 1,660,000 |
| Noninterest income | 36,000 | 36,000 | 43,000 | 51,000 |
| Noninterest expense | 391,000 | 749,000 | 1,124,000 | 1,512,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 77,000 | 104,000 | 194,000 | 239,000 |
| Income tax | 35,000 | 39,000 | 70,000 | 76,000 |
| Net income | 42,000 | 65,000 | 124,000 | 163,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,634,000 | 16,657,000 | 16,716,000 | 16,756,000 |
| Total capital | 17,826,000 | 17,576,000 | 17,391,000 | 17,353,000 |
| Risk-weighted assets | 43,034,000 | 45,032,000 | 44,056,000 | 51,967,000 |