Call reports 2005
COMMONWEALTH BUSINESS BANK — 2005
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 46,285,000 | 76,515,000 | 122,709,000 | 130,163,000 |
| Total loans | 3,935,000 | 35,623,000 | 63,332,000 | 79,771,000 |
| Allowance for loan losses | 59,000 | 532,000 | 844,000 | 1,031,000 |
| Securities available for sale | 19,863,000 | 27,930,000 | 24,912,000 | 28,802,000 |
| Securities held to maturity | 0 | 0 | 1,621,000 | 2,121,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,913,000 | 54,954,000 | 101,171,000 | 108,516,000 |
| Interest-bearing deposits | 20,012,000 | 49,706,000 | 95,131,000 | 101,433,000 |
| Noninterest-bearing deposits | 1,901,000 | 5,248,000 | 6,040,000 | 7,083,000 |
| Equity capital | 22,679,000 | 21,247,000 | 20,927,000 | 20,706,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 82,000 | 757,000 | 2,034,000 | 3,899,000 |
| Interest expense | 30,000 | 315,000 | 853,000 | 1,795,000 |
| Net interest income | 52,000 | 442,000 | 1,181,000 | 2,104,000 |
| Noninterest income | 2,000 | 170,000 | 415,000 | 524,000 |
| Noninterest expense | 345,000 | 1,852,000 | 2,805,000 | 4,124,000 |
| Provision for loan losses | 59,000 | 532,000 | 844,000 | 1,031,000 |
| Pretax income | -350,000 | -1,772,000 | -2,053,000 | -2,527,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -350,000 | -1,773,000 | -2,054,000 | -2,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,673,000 | 21,247,000 | 20,969,000 | 20,807,000 |
| Total capital | 22,727,000 | 21,779,000 | 21,813,000 | 21,838,000 |
| Risk-weighted assets | 13,378,000 | 44,213,000 | 75,238,000 | 89,992,000 |