Call reports 2014
EQUITABLE CO-OPERATIVE BANK — 2014
What EQUITABLE CO-OPERATIVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 110,234,000 | 109,191,000 | 106,352,000 | 105,148,000 |
| Total loans | 71,823,000 | 71,607,000 | 70,201,000 | 70,896,000 |
| Allowance for loan losses | 638,000 | 638,000 | 638,000 | 638,000 |
| Securities available for sale | 23,284,000 | 23,692,000 | 22,481,000 | 19,126,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,935,000 | 88,348,000 | 85,569,000 | 84,666,000 |
| Interest-bearing deposits | 82,782,000 | 81,168,000 | 79,758,000 | 77,959,000 |
| Noninterest-bearing deposits | 6,153,000 | 7,180,000 | 5,811,000 | 6,707,000 |
| Equity capital | 10,470,000 | 10,721,000 | 10,832,000 | 10,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 872,000 | 1,760,000 | 2,637,000 | 3,463,000 |
| Interest expense | 116,000 | 248,000 | 371,000 | 492,000 |
| Net interest income | 756,000 | 1,512,000 | 2,266,000 | 2,971,000 |
| Noninterest income | 224,000 | 344,000 | 431,000 | 503,000 |
| Noninterest expense | 884,000 | 1,737,000 | 2,538,000 | 3,605,000 |
| Provision for loan losses | -65,000 | -65,000 | -65,000 | -65,000 |
| Pretax income | 161,000 | 184,000 | 260,000 | 3,000 |
| Income tax | 2,000 | 5,000 | 8,000 | 10,000 |
| Net income | 159,000 | 179,000 | 252,000 | -7,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,792,000 | 10,831,000 | 10,912,000 | 10,617,000 |
| Total capital | 11,443,000 | 11,482,000 | 11,563,000 | 11,268,000 |
| Risk-weighted assets | 68,846,000 | 68,466,000 | 67,651,000 | 64,494,000 |