Call reports 2023
COMMERCE BANK OF ARIZONA, INC. — 2023
What COMMERCE BANK OF ARIZONA, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 371,682,000 | 382,468,000 | 411,317,000 | 433,758,000 |
| Total loans | 277,079,000 | 304,268,000 | 305,562,000 | 324,629,000 |
| Allowance for loan losses | 3,716,000 | 3,716,000 | 3,792,000 | 3,855,000 |
| Securities available for sale | 60,221,000 | 58,828,000 | 56,481,000 | 57,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 307,877,000 | 302,999,000 | 310,376,000 | 339,799,000 |
| Interest-bearing deposits | 180,449,000 | 187,964,000 | 207,575,000 | 244,035,000 |
| Noninterest-bearing deposits | 127,428,000 | 115,034,000 | 102,801,000 | 95,764,000 |
| Equity capital | 34,736,000 | 34,762,000 | 34,587,000 | 36,862,000 |
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 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,909,000 | 10,020,000 | 15,711,000 | 21,830,000 |
| Interest expense | 713,000 | 1,737,000 | 3,183,000 | 5,148,000 |
| Net interest income | 4,196,000 | 8,283,000 | 12,528,000 | 16,682,000 |
| Noninterest income | 93,000 | 172,000 | 261,000 | 333,000 |
| Noninterest expense | 3,106,000 | 6,288,000 | 9,367,000 | 12,600,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,182,000 | 2,166,000 | 3,421,000 | 4,414,000 |
| Income tax | 306,000 | 561,000 | 887,000 | 1,145,000 |
| Net income | 876,000 | 1,605,000 | 2,534,000 | 3,269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,724,000 | 40,453,000 | 41,382,000 | 41,917,000 |