Call reports 2002
MASSACHUSETTS CO-OPERATIVE BANK — 2002
What MASSACHUSETTS CO-OPERATIVE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Total assets | 125,481,000 | 123,910,000 |
| Total loans | 76,831,000 | 77,763,000 |
| Allowance for loan losses | 658,000 | 695,000 |
| Securities available for sale | 35,478,000 | 35,741,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 103,753,000 | 100,984,000 |
| Interest-bearing deposits | 90,049,000 | 87,729,000 |
| Noninterest-bearing deposits | 13,704,000 | 13,255,000 |
| Equity capital | 8,890,000 | 9,301,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Interest income | 1,891,000 | 3,821,000 |
| Interest expense | 717,000 | 1,394,000 |
| Net interest income | 1,174,000 | 2,427,000 |
| Noninterest income | 291,000 | 588,000 |
| Noninterest expense | 979,000 | 2,236,000 |
| Provision for loan losses | -47,000 | -24,000 |
| Pretax income | 623,000 | 914,000 |
| Income tax | 255,000 | 361,000 |
| Net income | 368,000 | 553,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 |
|---|---|---|
| Tier 1 capital | 9,045,000 | 9,317,000 |
| Total capital | 9,703,000 | 10,012,000 |
| Risk-weighted assets | 75,850,000 | 76,467,000 |