Call reports 2024
COMMERCE BANK — 2024
What COMMERCE 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 | 679,929,000 | 702,617,000 | 733,628,000 | 745,112,000 |
| Total loans | 164,352,000 | 162,080,000 | 155,926,000 | 153,402,000 |
| Allowance for loan losses | 2,993,000 | 3,201,000 | 3,045,000 | 2,820,000 |
| Securities available for sale | 393,708,000 | 426,990,000 | 452,545,000 | 457,518,000 |
| Securities held to maturity | 175,000 | 175,000 | 175,000 | 175,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 599,910,000 | 619,245,000 | 631,400,000 | 661,052,000 |
| Interest-bearing deposits | 406,626,000 | 427,319,000 | 442,536,000 | 462,213,000 |
| Noninterest-bearing deposits | 193,284,000 | 191,926,000 | 188,864,000 | 198,839,000 |
| Equity capital | 75,406,000 | 78,857,000 | 81,861,000 | 80,003,000 |
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 | 7,513,000 | 15,565,000 | 24,009,000 | 32,315,000 |
| Interest expense | 2,632,000 | 5,581,000 | 8,771,000 | 12,011,000 |
| Net interest income | 4,881,000 | 9,984,000 | 15,238,000 | 20,304,000 |
| Noninterest income | 1,929,000 | 3,843,000 | 5,421,000 | 7,035,000 |
| Noninterest expense | 2,148,000 | 4,406,000 | 6,749,000 | 8,765,000 |
| Provision for loan losses | -244,000 | 22,000 | -89,000 | -267,000 |
| Pretax income | 4,878,000 | 9,310,000 | 14,013,000 | 18,807,000 |
| Income tax | 1,037,000 | 1,982,000 | 2,977,000 | 3,942,000 |
| Net income | 3,841,000 | 7,328,000 | 11,036,000 | 14,865,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,175,000 | 104,662,000 | 98,370,000 | 102,200,000 |
| Total capital | 104,250,000 | 107,973,000 | 101,518,000 | 105,090,000 |
| Risk-weighted assets | 268,460,000 | 270,795,000 | 265,546,000 | 272,530,000 |