Call reports 2016
COMMONWEALTH BUSINESS BANK — 2016
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 805,001,000 | 825,493,000 | 892,758,000 | 913,194,000 |
| Total loans | 668,080,000 | 714,175,000 | 714,897,000 | 714,238,000 |
| Allowance for loan losses | 9,026,000 | 9,321,000 | 12,438,000 | 8,456,000 |
| Securities available for sale | 3,005,000 | 23,674,000 | 38,842,000 | 74,267,000 |
| Securities held to maturity | 1,299,000 | 1,083,000 | 1,022,000 | 965,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 695,954,000 | 711,504,000 | 776,835,000 | 795,104,000 |
| Interest-bearing deposits | 539,932,000 | 556,084,000 | 589,468,000 | 597,894,000 |
| Noninterest-bearing deposits | 156,022,000 | 155,420,000 | 187,367,000 | 197,210,000 |
| Equity capital | 93,551,000 | 97,045,000 | 98,931,000 | 102,039,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 9,698,000 | 19,331,000 | 29,147,000 | 39,243,000 |
| Interest expense | 1,372,000 | 2,765,000 | 4,191,000 | 5,691,000 |
| Net interest income | 8,326,000 | 16,566,000 | 24,956,000 | 33,552,000 |
| Noninterest income | 2,922,000 | 6,022,000 | 8,907,000 | 11,917,000 |
| Noninterest expense | 5,539,000 | 11,153,000 | 16,546,000 | 22,341,000 |
| Provision for loan losses | 400,000 | 800,000 | 3,900,000 | 3,900,000 |
| Pretax income | 5,309,000 | 10,635,000 | 13,417,000 | 19,228,000 |
| Income tax | 2,206,000 | 4,393,000 | 5,420,000 | 7,791,000 |
| Net income | 3,103,000 | 6,242,000 | 7,997,000 | 11,437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,186,000 | 96,656,000 | 98,724,000 | 102,383,000 |
| Total capital | 101,758,000 | 105,842,000 | 108,082,000 | 111,670,000 |
| Risk-weighted assets | 684,294,000 | 733,793,000 | 744,756,000 | 746,784,000 |