Call reports 2024
COMMERCEONE BANK — 2024
What COMMERCEONE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 618,457,000 | 663,903,000 | 680,823,000 | 776,451,000 |
| Total loans | 509,220,000 | 560,006,000 | 576,271,000 | 610,446,000 |
| Allowance for loan losses | 6,186,000 | 6,720,000 | 6,933,000 | 7,325,000 |
| Securities available for sale | 43,065,000 | 42,297,000 | 53,965,000 | 48,074,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 549,942,000 | 564,004,000 | 606,523,000 | 701,058,000 |
| Interest-bearing deposits | 449,639,000 | 469,009,000 | 505,240,000 | 571,058,000 |
| Noninterest-bearing deposits | 100,303,000 | 94,995,000 | 101,283,000 | 130,000,000 |
| Equity capital | 66,568,000 | 68,362,000 | 71,933,000 | 73,940,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 10,547,000 | 21,161,000 | 32,962,000 | 44,942,000 |
| Interest expense | 5,067,000 | 10,164,000 | 15,897,000 | 21,286,000 |
| Net interest income | 5,480,000 | 10,997,000 | 17,065,000 | 23,656,000 |
| Noninterest income | 131,000 | 269,000 | 431,000 | 603,000 |
| Noninterest expense | 2,296,000 | 4,493,000 | 6,903,000 | 9,806,000 |
| Provision for loan losses | 28,000 | 1,126,000 | 1,126,000 | 1,463,000 |
| Pretax income | 3,334,000 | 5,688,000 | 9,573,000 | 13,158,000 |
| Income tax | 848,000 | 1,450,000 | 2,429,000 | 3,325,000 |
| Net income | 2,486,000 | 4,238,000 | 7,144,000 | 9,833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,329,000 | 71,909,000 | 74,634,000 | 77,414,000 |
| Total capital | 76,976,000 | 79,097,000 | 81,969,000 | 85,078,000 |
| Risk-weighted assets | 567,990,000 | 615,111,000 | 613,898,000 | 643,999,000 |