Call reports 2003
MT WASHINGTON CO-OPERATIVE BANK — 2003
What MT WASHINGTON CO-OPERATIVE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 289,590,000 | 312,241,000 | 323,297,000 | 346,628,000 |
| Total loans | 179,856,000 | 198,142,000 | 206,285,000 | 208,306,000 |
| Allowance for loan losses | 994,000 | 1,034,000 | 1,076,000 | 1,135,000 |
| Securities available for sale | 86,161,000 | 90,138,000 | 89,158,000 | 104,547,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,975,000 | 232,733,000 | 236,675,000 | 237,465,000 |
| Interest-bearing deposits | 210,384,000 | 222,908,000 | 225,569,000 | 225,867,000 |
| Noninterest-bearing deposits | 8,591,000 | 9,825,000 | 11,106,000 | 11,598,000 |
| Equity capital | 27,592,000 | 28,184,000 | 28,218,000 | 28,188,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,218,000 | 8,302,000 | 12,528,000 | 16,983,000 |
| Interest expense | 1,497,000 | 3,005,000 | 4,426,000 | 5,724,000 |
| Net interest income | 2,721,000 | 5,297,000 | 8,102,000 | 11,259,000 |
| Noninterest income | 464,000 | 1,023,000 | 1,542,000 | 2,128,000 |
| Noninterest expense | 2,173,000 | 4,475,000 | 6,952,000 | 9,569,000 |
| Provision for loan losses | 57,000 | 114,000 | 183,000 | 252,000 |
| Pretax income | 988,000 | 1,831,000 | 2,623,000 | 3,785,000 |
| Income tax | 315,000 | 571,000 | 776,000 | 1,163,000 |
| Net income | 673,000 | 1,260,000 | 1,847,000 | 2,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,597,000 | 27,275,000 | 27,834,000 | 28,637,000 |
| Total capital | 27,591,000 | 28,335,000 | 28,916,000 | 29,836,000 |
| Risk-weighted assets | 151,529,000 | 164,821,000 | 161,944,000 | 177,173,000 |