Call reports 2015
COMMONWEALTH BUSINESS BANK — 2015
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 703,891,000 | 744,028,000 | 778,807,000 | 786,423,000 |
| Total loans | 607,193,000 | 622,242,000 | 670,968,000 | 667,500,000 |
| Allowance for loan losses | 8,995,000 | 9,039,000 | 9,238,000 | 8,546,000 |
| Securities available for sale | 4,023,000 | 6,005,000 | 3,004,000 | 2,992,000 |
| Securities held to maturity | 1,733,000 | 1,635,000 | 1,481,000 | 1,371,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 608,893,000 | 644,646,000 | 675,225,000 | 680,512,000 |
| Interest-bearing deposits | 473,894,000 | 504,362,000 | 529,877,000 | 517,127,000 |
| Noninterest-bearing deposits | 134,999,000 | 140,284,000 | 145,348,000 | 163,385,000 |
| Equity capital | 80,694,000 | 84,045,000 | 87,260,000 | 89,987,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 7,595,000 | 15,989,000 | 24,606,000 | 33,523,000 |
| Interest expense | 1,113,000 | 2,305,000 | 3,656,000 | 5,011,000 |
| Net interest income | 6,482,000 | 13,684,000 | 20,950,000 | 28,512,000 |
| Noninterest income | 2,638,000 | 5,472,000 | 7,882,000 | 11,140,000 |
| Noninterest expense | 4,352,000 | 9,230,000 | 13,744,000 | 19,916,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 500,000 |
| Pretax income | 4,768,000 | 9,926,000 | 14,938,000 | 19,236,000 |
| Income tax | 1,996,000 | 4,130,000 | 6,209,000 | 7,961,000 |
| Net income | 2,772,000 | 5,796,000 | 8,729,000 | 11,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,481,000 | 83,843,000 | 87,043,000 | 89,769,000 |
| Total capital | 88,119,000 | 91,678,000 | 95,536,000 | 98,244,000 |
| Risk-weighted assets | 608,768,000 | 624,630,000 | 677,729,000 | 676,916,000 |