Call reports 2003
EQUITABLE CO-OPERATIVE BANK — 2003
What EQUITABLE 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 | 70,771,000 | 71,598,000 | 73,372,000 | 72,571,000 |
| Total loans | 37,044,000 | 38,596,000 | 40,647,000 | 39,909,000 |
| Allowance for loan losses | 311,000 | 311,000 | 311,000 | 311,000 |
| Securities available for sale | 22,259,000 | 24,964,000 | 20,341,000 | 21,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,774,000 | 58,177,000 | 60,078,000 | 58,931,000 |
| Interest-bearing deposits | 55,916,000 | 55,522,000 | 56,157,000 | 56,846,000 |
| Noninterest-bearing deposits | 1,858,000 | 2,655,000 | 3,921,000 | 2,085,000 |
| Equity capital | 11,400,000 | 11,841,000 | 11,854,000 | 12,083,000 |
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 | 923,000 | 1,789,000 | 2,633,000 | 3,457,000 |
| Interest expense | 287,000 | 567,000 | 840,000 | 1,093,000 |
| Net interest income | 636,000 | 1,222,000 | 1,793,000 | 2,364,000 |
| Noninterest income | 121,000 | 202,000 | 362,000 | 597,000 |
| Noninterest expense | 624,000 | 1,263,000 | 1,894,000 | 2,534,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 48,000 | 153,000 | 264,000 | 481,000 |
| Income tax | 5,000 | 24,000 | 50,000 | 134,000 |
| Net income | 43,000 | 129,000 | 214,000 | 347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,265,000 | 10,722,000 | 10,819,000 | 10,764,000 |
| Total capital | 10,576,000 | 11,033,000 | 11,130,000 | 11,085,000 |
| Risk-weighted assets | 44,312,000 | 48,393,000 | 47,113,000 | 48,131,000 |