Call reports 2006
KENT COMMERCE BANK — 2006
What KENT COMMERCE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 81,471,000 | 83,160,000 | 87,230,000 | 86,716,000 |
| Total loans | 76,733,000 | 79,125,000 | 81,931,000 | 82,846,000 |
| Allowance for loan losses | 1,112,000 | 1,120,000 | 1,140,000 | 1,312,000 |
| Securities available for sale | 983,000 | 485,000 | 489,000 | 492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,770,000 | 70,819,000 | 68,867,000 | 75,100,000 |
| Interest-bearing deposits | 59,399,000 | 60,985,000 | 60,061,000 | 66,202,000 |
| Noninterest-bearing deposits | 9,371,000 | 9,834,000 | 8,806,000 | 8,898,000 |
| Equity capital | 8,575,000 | 8,607,000 | 8,575,000 | 8,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,440,000 | 3,042,000 | 4,765,000 | 6,446,000 |
| Interest expense | 610,000 | 1,284,000 | 2,068,000 | 2,870,000 |
| Net interest income | 830,000 | 1,758,000 | 2,697,000 | 3,576,000 |
| Noninterest income | 54,000 | 206,000 | 267,000 | 343,000 |
| Noninterest expense | 710,000 | 1,420,000 | 2,115,000 | 2,790,000 |
| Provision for loan losses | 85,000 | 178,000 | 306,000 | 870,000 |
| Pretax income | 89,000 | 366,000 | 543,000 | 259,000 |
| Income tax | 31,000 | 127,000 | 188,000 | 94,000 |
| Net income | 58,000 | 239,000 | 355,000 | 165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,792,000 | 7,823,000 | 7,789,000 | 7,600,000 |
| Total capital | 8,766,000 | 8,785,000 | 8,785,000 | 8,650,000 |
| Risk-weighted assets | 77,742,000 | 76,822,000 | 79,512,000 | 83,708,000 |