Call reports 2006
COMMONWEALTH BUSINESS BANK — 2006
What COMMONWEALTH BUSINESS 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 | 148,343,000 | 159,911,000 | 179,818,000 | 203,647,000 |
| Total loans | 88,594,000 | 106,020,000 | 119,083,000 | 142,231,000 |
| Allowance for loan losses | 931,000 | 1,117,000 | 1,229,000 | 1,473,000 |
| Securities available for sale | 28,785,000 | 23,827,000 | 20,931,000 | 20,471,000 |
| Securities held to maturity | 1,985,000 | 1,882,000 | 4,737,000 | 4,651,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,137,000 | 137,235,000 | 140,219,000 | 162,183,000 |
| Interest-bearing deposits | 117,906,000 | 122,930,000 | 126,505,000 | 140,683,000 |
| Noninterest-bearing deposits | 8,232,000 | 14,305,000 | 13,714,000 | 21,500,000 |
| Equity capital | 20,802,000 | 21,023,000 | 37,629,000 | 38,995,000 |
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 | 2,192,000 | 4,767,000 | 7,947,000 | 11,597,000 |
| Interest expense | 1,174,000 | 2,509,000 | 4,039,000 | 5,736,000 |
| Net interest income | 1,018,000 | 2,258,000 | 3,908,000 | 5,861,000 |
| Noninterest income | 230,000 | 458,000 | 599,000 | 886,000 |
| Noninterest expense | 1,317,000 | 2,473,000 | 3,724,000 | 5,319,000 |
| Provision for loan losses | -100,000 | 86,000 | 198,000 | 442,000 |
| Pretax income | 31,000 | 157,000 | 585,000 | 986,000 |
| Income tax | 1,000 | 1,000 | 215,000 | -576,000 |
| Net income | 30,000 | 156,000 | 370,000 | 1,562,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,917,000 | 21,112,000 | 37,662,000 | 39,008,000 |
| Total capital | 22,036,000 | 22,444,000 | 39,071,000 | 40,738,000 |
| Risk-weighted assets | 102,271,000 | 118,793,000 | 133,695,000 | 151,808,000 |