Call reports 2024
BANK OF COMMERCE — 2024
What BANK OF COMMERCE 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 | 348,092,000 | 357,661,000 | 382,064,000 | 369,830,000 |
| Total loans | 262,856,000 | 273,822,000 | 280,990,000 | 278,155,000 |
| Allowance for loan losses | 3,536,000 | 2,892,000 | 2,908,000 | 2,829,000 |
| Securities available for sale | 22,549,000 | 22,476,000 | 22,564,000 | 20,937,000 |
| Securities held to maturity | 17,212,000 | 17,208,000 | 17,108,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,340,000 | 308,991,000 | 325,690,000 | 318,264,000 |
| Interest-bearing deposits | 275,724,000 | 273,779,000 | 287,878,000 | 280,930,000 |
| Noninterest-bearing deposits | 34,616,000 | 35,212,000 | 37,812,000 | 37,334,000 |
| Equity capital | 30,561,000 | 32,501,000 | 34,298,000 | 33,001,000 |
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 | 5,481,000 | 11,170,000 | 16,894,000 | 22,919,000 |
| Interest expense | 2,878,000 | 5,800,000 | 8,782,000 | 11,632,000 |
| Net interest income | 2,603,000 | 5,370,000 | 8,112,000 | 11,287,000 |
| Noninterest income | 350,000 | 2,963,000 | 6,887,000 | 10,549,000 |
| Noninterest expense | 2,224,000 | 6,377,000 | 12,020,000 | 18,349,000 |
| Provision for loan losses | 60,000 | -560,000 | -530,000 | -584,000 |
| Pretax income | 669,000 | 2,516,000 | 3,509,000 | 3,987,000 |
| Income tax | 133,000 | 293,000 | 493,000 | 795,000 |
| Net income | 536,000 | 2,223,000 | 3,016,000 | 3,192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,307,000 | 34,100,000 | 35,821,000 | 34,525,000 |