Call reports 2014
COMMONWEALTH BUSINESS BANK — 2014
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 572,112,000 | 630,179,000 | 628,371,000 | 653,450,000 |
| Total loans | 472,575,000 | 501,628,000 | 535,399,000 | 570,054,000 |
| Allowance for loan losses | 8,737,000 | 8,837,000 | 8,860,000 | 8,977,000 |
| Securities available for sale | 5,034,000 | 5,041,000 | 5,027,000 | 5,020,000 |
| Securities held to maturity | 2,353,000 | 2,237,000 | 2,132,000 | 2,038,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 501,340,000 | 556,059,000 | 550,490,000 | 572,812,000 |
| Interest-bearing deposits | 418,702,000 | 430,271,000 | 426,685,000 | 446,919,000 |
| Noninterest-bearing deposits | 82,638,000 | 125,788,000 | 123,805,000 | 125,893,000 |
| Equity capital | 67,274,000 | 69,969,000 | 73,271,000 | 75,866,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 6,306,000 | 12,769,000 | 19,809,000 | 27,209,000 |
| Interest expense | 1,027,000 | 2,101,000 | 3,164,000 | 4,221,000 |
| Net interest income | 5,279,000 | 10,668,000 | 16,645,000 | 22,988,000 |
| Noninterest income | 3,315,000 | 5,902,000 | 8,776,000 | 11,643,000 |
| Noninterest expense | 3,894,000 | 7,678,000 | 11,601,000 | 16,138,000 |
| Provision for loan losses | -1,178,000 | -1,178,000 | -1,178,000 | -638,000 |
| Pretax income | 5,878,000 | 10,070,000 | 14,998,000 | 19,131,000 |
| Income tax | 2,445,000 | 4,207,000 | 6,196,000 | 7,957,000 |
| Net income | 3,433,000 | 5,863,000 | 8,802,000 | 11,174,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,253,000 | 69,944,000 | 73,254,000 | 75,854,000 |
| Total capital | 73,219,000 | 76,304,000 | 80,036,000 | 83,077,000 |
| Risk-weighted assets | 473,790,000 | 505,630,000 | 539,740,000 | 575,097,000 |