Call reports 2010
COMMONWEALTH BUSINESS BANK — 2010
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 363,374,000 | 367,332,000 | 382,763,000 | 400,488,000 |
| Total loans | 274,612,000 | 283,881,000 | 289,837,000 | 323,145,000 |
| Allowance for loan losses | 6,137,000 | 6,887,000 | 7,874,000 | 8,200,000 |
| Securities available for sale | 19,049,000 | 12,121,000 | 19,131,000 | 15,914,000 |
| Securities held to maturity | 8,314,000 | 7,313,000 | 5,387,000 | 4,761,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,520,000 | 306,331,000 | 320,619,000 | 334,371,000 |
| Interest-bearing deposits | 260,491,000 | 270,247,000 | 282,313,000 | 295,767,000 |
| Noninterest-bearing deposits | 38,029,000 | 36,084,000 | 38,306,000 | 38,604,000 |
| Equity capital | 48,509,000 | 48,094,000 | 48,176,000 | 46,895,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,987,000 | 8,087,000 | 12,504,000 | 17,140,000 |
| Interest expense | 1,168,000 | 2,329,000 | 3,438,000 | 4,540,000 |
| Net interest income | 2,819,000 | 5,758,000 | 9,066,000 | 12,600,000 |
| Noninterest income | 285,000 | 1,042,000 | 1,545,000 | 2,443,000 |
| Noninterest expense | 1,767,000 | 3,530,000 | 5,589,000 | 7,559,000 |
| Provision for loan losses | 1,910,000 | 4,721,000 | 6,331,000 | 8,140,000 |
| Pretax income | -573,000 | -1,451,000 | -1,309,000 | -656,000 |
| Income tax | -234,000 | -590,000 | -602,000 | 1,123,000 |
| Net income | -339,000 | -861,000 | -707,000 | -1,779,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,562,000 | 46,880,000 | 46,466,000 | 46,940,000 |
| Total capital | 51,246,000 | 50,711,000 | 50,335,000 | 51,185,000 |
| Risk-weighted assets | 291,922,000 | 303,134,000 | 305,005,000 | 335,349,000 |