Call reports 2013
COMMONWEALTH BUSINESS BANK — 2013
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 500,992,000 | 519,679,000 | 512,194,000 | 570,155,000 |
| Total loans | 396,962,000 | 421,593,000 | 443,013,000 | 469,796,000 |
| Allowance for loan losses | 10,162,000 | 9,960,000 | 8,869,000 | 8,925,000 |
| Securities available for sale | 6,126,000 | 7,052,000 | 5,053,000 | 5,031,000 |
| Securities held to maturity | 3,362,000 | 3,058,000 | 2,676,000 | 2,525,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 437,979,000 | 450,012,000 | 448,224,000 | 503,426,000 |
| Interest-bearing deposits | 361,958,000 | 353,604,000 | 362,206,000 | 410,704,000 |
| Noninterest-bearing deposits | 76,022,000 | 96,408,000 | 86,018,000 | 92,723,000 |
| Equity capital | 59,191,000 | 65,553,000 | 60,830,000 | 63,611,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,256,000 | 10,748,000 | 16,575,000 | 22,664,000 |
| Interest expense | 886,000 | 1,740,000 | 2,597,000 | 3,530,000 |
| Net interest income | 4,370,000 | 9,008,000 | 13,978,000 | 19,134,000 |
| Noninterest income | 1,866,000 | 4,647,000 | 7,219,000 | 9,472,000 |
| Noninterest expense | 3,133,000 | 6,622,000 | 10,917,000 | 14,666,000 |
| Provision for loan losses | -1,349,000 | -1,349,000 | -1,349,000 | -1,349,000 |
| Pretax income | 4,452,000 | 8,382,000 | 11,629,000 | 15,289,000 |
| Income tax | 1,807,000 | 3,535,000 | 4,669,000 | 6,025,000 |
| Net income | 2,645,000 | 4,847,000 | 6,960,000 | 9,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,118,000 | 65,523,000 | 60,799,000 | 63,593,000 |
| Total capital | 64,096,000 | 70,833,000 | 66,426,000 | 69,506,000 |
| Risk-weighted assets | 392,370,000 | 419,443,000 | 446,031,000 | 469,268,000 |