Call reports 2023
COMMUNITY BANK OF THE CHESAPEAKE — 2023
What COMMUNITY BANK OF THE CHESAPEAKE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Total assets | 2,426,708,000 | 2,460,952,000 |
| Total loans | 1,844,374,000 | 1,886,150,000 |
| Allowance for loan losses | 23,515,000 | 23,503,000 |
| Securities available for sale | 463,950,000 | 452,316,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 2,156,731,000 | 2,138,028,000 |
| Interest-bearing deposits | 1,553,691,000 | 1,544,611,000 |
| Noninterest-bearing deposits | 603,040,000 | 593,417,000 |
| Equity capital | 227,968,000 | 231,892,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Interest income | 27,328,000 | 60,863,000 |
| Interest expense | 7,734,000 | 18,508,000 |
| Net interest income | 19,594,000 | 42,355,000 |
| Noninterest income | 1,316,000 | 2,762,000 |
| Noninterest expense | 9,536,000 | 20,982,000 |
| Provision for loan losses | 669,000 | 1,106,000 |
| Pretax income | 10,792,000 | 23,111,000 |
| Income tax | 2,585,000 | 5,511,000 |
| Net income | 8,207,000 | 17,600,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 254,614,000 | 262,182,000 |
| Total capital | 278,525,000 | 286,015,000 |
| Risk-weighted assets | 1,954,574,000 | 1,998,853,000 |