Call reports 2017
COMMONWEALTH BUSINESS BANK — 2017
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 921,965,000 | 993,978,000 | 1,041,975,000 | 1,078,785,000 |
| Total loans | 758,039,000 | 799,269,000 | 792,786,000 | 815,745,000 |
| Allowance for loan losses | 8,399,000 | 8,778,000 | 8,249,000 | 8,653,000 |
| Securities available for sale | 72,500,000 | 70,554,000 | 68,480,000 | 115,655,000 |
| Securities held to maturity | 912,000 | 661,000 | 617,000 | 8,002,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 799,833,000 | 867,691,000 | 910,690,000 | 896,055,000 |
| Interest-bearing deposits | 603,037,000 | 654,344,000 | 698,980,000 | 692,080,000 |
| Noninterest-bearing deposits | 196,796,000 | 213,347,000 | 211,710,000 | 203,975,000 |
| Equity capital | 105,799,000 | 110,013,000 | 113,674,000 | 114,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 10,330,000 | 21,770,000 | 34,233,000 | 46,703,000 |
| Interest expense | 1,527,000 | 3,295,000 | 5,392,000 | 7,678,000 |
| Net interest income | 8,803,000 | 18,475,000 | 28,841,000 | 39,025,000 |
| Noninterest income | 3,110,000 | 6,902,000 | 10,628,000 | 13,544,000 |
| Noninterest expense | 5,931,000 | 12,675,000 | 20,254,000 | 28,005,000 |
| Provision for loan losses | 0 | 350,000 | 514,000 | 514,000 |
| Pretax income | 5,982,000 | 12,352,000 | 18,701,000 | 24,050,000 |
| Income tax | 2,423,000 | 5,021,000 | 7,571,000 | 11,766,000 |
| Net income | 3,559,000 | 7,331,000 | 11,130,000 | 12,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,918,000 | 109,742,000 | 113,261,000 | 114,469,000 |
| Total capital | 115,148,000 | 119,351,000 | 122,577,000 | 124,189,000 |
| Risk-weighted assets | 779,883,000 | 816,847,000 | 829,647,000 | 842,419,000 |