Financial Update from the CFO

National Cooperative Bank (NCB) reported earnings of $5.8 million through June 30, 2014.  NCB also reported total assets of $1.8 billion and total deposits of $1.3 billion as of June 30, 2014.  
Regulatory capital ratios at NCB’s wholly-owned thrift subsidiary, NCB, FSB, remained strong.  As of June 30, 2014, NCB, FSB’s core capital was 12.75% of adjusted total assets and its total risk-based capital was 15.46%.
 

 

 

Rick Reed Signature  
Richard L. Reed
Chief Financial Officer