Call reports 2007
EQUITABLE CO-OPERATIVE BANK — 2007
What EQUITABLE CO-OPERATIVE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 92,755,000 | 92,205,000 | 92,911,000 | 96,667,000 |
| Total loans | 52,342,000 | 52,118,000 | 53,667,000 | 54,411,000 |
| Allowance for loan losses | 271,000 | 306,000 | 306,000 | 307,000 |
| Securities available for sale | 25,418,000 | 26,766,000 | 27,205,000 | 28,160,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,052,000 | 66,897,000 | 66,479,000 | 67,535,000 |
| Interest-bearing deposits | 64,274,000 | 64,034,000 | 63,957,000 | 65,049,000 |
| Noninterest-bearing deposits | 1,778,000 | 2,863,000 | 2,522,000 | 2,486,000 |
| Equity capital | 12,604,000 | 12,537,000 | 12,667,000 | 12,869,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,189,000 | 2,392,000 | 3,626,000 | 4,952,000 |
| Interest expense | 558,000 | 1,143,000 | 1,728,000 | 2,338,000 |
| Net interest income | 631,000 | 1,249,000 | 1,898,000 | 2,614,000 |
| Noninterest income | 180,000 | 318,000 | 409,000 | 604,000 |
| Noninterest expense | 760,000 | 1,386,000 | 2,056,000 | 2,784,000 |
| Provision for loan losses | 826,000 | 861,000 | 912,000 | 937,000 |
| Pretax income | -775,000 | -677,000 | -647,000 | -489,000 |
| Income tax | 33,000 | 66,000 | 46,000 | 22,000 |
| Net income | -808,000 | -743,000 | -693,000 | -511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,643,000 | 10,660,000 | 10,720,000 | 10,683,000 |
| Total capital | 10,914,000 | 10,966,000 | 11,026,000 | 10,990,000 |
| Risk-weighted assets | 59,508,000 | 61,194,000 | 62,393,000 | 61,899,000 |