Call reports 2018
COMMONWEALTH BUSINESS BANK — 2018
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,070,320,000 | 1,137,201,000 | 1,204,222,000 | 1,160,991,000 |
| Total loans | 832,889,000 | 906,623,000 | 934,587,000 | 921,462,000 |
| Allowance for loan losses | 8,556,000 | 9,377,000 | 9,814,000 | 10,023,000 |
| Securities available for sale | 109,705,000 | 104,160,000 | 99,608,000 | 96,694,000 |
| Securities held to maturity | 7,929,000 | 7,862,000 | 7,798,000 | 7,737,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 931,546,000 | 985,989,000 | 1,057,593,000 | 1,008,940,000 |
| Interest-bearing deposits | 742,905,000 | 788,357,000 | 835,110,000 | 801,830,000 |
| Noninterest-bearing deposits | 188,641,000 | 197,632,000 | 222,483,000 | 207,110,000 |
| Equity capital | 117,962,000 | 122,766,000 | 127,110,000 | 131,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 12,825,000 | 27,430,000 | 43,091,000 | 59,347,000 |
| Interest expense | 2,470,000 | 5,475,000 | 9,153,000 | 13,188,000 |
| Net interest income | 10,355,000 | 21,955,000 | 33,938,000 | 46,159,000 |
| Noninterest income | 3,296,000 | 6,816,000 | 9,053,000 | 10,338,000 |
| Noninterest expense | 7,461,000 | 14,949,000 | 22,785,000 | 30,899,000 |
| Provision for loan losses | 0 | 800,000 | 1,200,000 | 1,370,000 |
| Pretax income | 6,190,000 | 13,022,000 | 19,006,000 | 24,228,000 |
| Income tax | 1,869,000 | 3,861,000 | 5,356,000 | 6,712,000 |
| Net income | 4,321,000 | 9,161,000 | 13,650,000 | 17,516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 118,650,000 | 123,521,000 | 128,061,000 | 131,972,000 |
| Total capital | 128,273,000 | 133,965,000 | 138,942,000 | 142,592,000 |
| Risk-weighted assets | 871,326,000 | 933,760,000 | 954,059,000 | 926,664,000 |