Call reports 2021
COMMONWEALTH BUSINESS BANK — 2021
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,436,721,000 | 1,612,861,000 | 1,909,035,000 | 1,809,170,000 |
| Total loans | 1,189,695,000 | 1,229,925,000 | 1,392,208,000 | 1,399,447,000 |
| Allowance for loan losses | 14,888,000 | 14,908,000 | 15,000,000 | 14,192,000 |
| Securities available for sale | 78,791,000 | 78,073,000 | 76,746,000 | 75,031,000 |
| Securities held to maturity | 4,618,000 | 4,281,000 | 9,694,000 | 9,207,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,191,714,000 | 1,378,921,000 | 1,666,296,000 | 1,558,217,000 |
| Interest-bearing deposits | 782,778,000 | 806,397,000 | 995,574,000 | 938,338,000 |
| Noninterest-bearing deposits | 408,936,000 | 572,524,000 | 670,722,000 | 619,879,000 |
| Equity capital | 164,859,000 | 170,909,000 | 178,068,000 | 185,106,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 14,372,000 | 29,295,000 | 46,732,000 | 64,285,000 |
| Interest expense | 1,533,000 | 2,891,000 | 4,204,000 | 5,461,000 |
| Net interest income | 12,839,000 | 26,404,000 | 42,528,000 | 58,824,000 |
| Noninterest income | 3,682,000 | 8,687,000 | 14,230,000 | 19,563,000 |
| Noninterest expense | 8,324,000 | 17,763,000 | 28,171,000 | 39,382,000 |
| Provision for loan losses | 500,000 | 500,000 | 500,000 | -300,000 |
| Pretax income | 7,697,000 | 16,828,000 | 28,087,000 | 39,305,000 |
| Income tax | 2,189,000 | 4,824,000 | 8,036,000 | 11,080,000 |
| Net income | 5,508,000 | 12,004,000 | 20,051,000 | 28,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 161,844,000 | 167,828,000 | 172,653,000 | 180,145,000 |
| Total capital | 175,375,000 | 182,443,000 | 188,430,000 | 195,114,000 |
| Risk-weighted assets | 1,080,322,000 | 1,168,153,000 | 1,270,073,000 | 1,303,101,000 |