Call reports 2019
COMMONWEALTH BUSINESS BANK — 2019
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,177,572,000 | 1,198,768,000 | 1,159,601,000 | 1,162,520,000 |
| Total loans | 919,605,000 | 928,489,000 | 947,136,000 | 935,701,000 |
| Allowance for loan losses | 9,760,000 | 10,019,000 | 9,978,000 | 10,596,000 |
| Securities available for sale | 94,150,000 | 92,323,000 | 89,954,000 | 87,684,000 |
| Securities held to maturity | 7,675,000 | 7,435,000 | 7,187,000 | 6,956,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,015,798,000 | 1,032,096,000 | 989,805,000 | 973,733,000 |
| Interest-bearing deposits | 816,603,000 | 829,088,000 | 789,280,000 | 763,822,000 |
| Noninterest-bearing deposits | 199,195,000 | 203,008,000 | 200,525,000 | 209,911,000 |
| Equity capital | 136,211,000 | 140,703,000 | 144,672,000 | 147,550,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 15,584,000 | 31,880,000 | 47,768,000 | 63,022,000 |
| Interest expense | 4,297,000 | 9,162,000 | 14,139,000 | 18,656,000 |
| Net interest income | 11,287,000 | 22,718,000 | 33,629,000 | 44,366,000 |
| Noninterest income | 2,117,000 | 5,111,000 | 7,535,000 | 9,845,000 |
| Noninterest expense | 8,168,000 | 17,190,000 | 25,219,000 | 33,355,000 |
| Provision for loan losses | 0 | 300,000 | 600,000 | 1,300,000 |
| Pretax income | 5,236,000 | 10,339,000 | 15,345,000 | 19,556,000 |
| Income tax | 1,496,000 | 2,980,000 | 4,438,000 | 5,621,000 |
| Net income | 3,740,000 | 7,359,000 | 10,907,000 | 13,935,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 135,651,000 | 139,213,000 | 142,788,000 | 145,843,000 |
| Total capital | 146,008,000 | 149,829,000 | 153,363,000 | 157,216,000 |
| Risk-weighted assets | 934,637,000 | 950,102,000 | 973,689,000 | 977,675,000 |