Call reports 2022
COMMONWEALTH BUSINESS BANK — 2022
What COMMONWEALTH BUSINESS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,791,755,000 | 1,777,518,000 | 1,800,088,000 | 1,812,448,000 |
| Total loans | 1,375,472,000 | 1,402,043,000 | 1,447,028,000 | 1,515,709,000 |
| Allowance for loan losses | 13,089,000 | 14,739,000 | 15,602,000 | 15,525,000 |
| Securities available for sale | 70,979,000 | 68,424,000 | 66,835,000 | 66,459,000 |
| Securities held to maturity | 9,125,000 | 9,045,000 | 9,004,000 | 6,091,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,534,063,000 | 1,516,609,000 | 1,534,983,000 | 1,538,950,000 |
| Interest-bearing deposits | 957,633,000 | 948,760,000 | 971,263,000 | 1,086,599,000 |
| Noninterest-bearing deposits | 576,430,000 | 567,849,000 | 563,720,000 | 452,351,000 |
| Equity capital | 191,011,000 | 195,816,000 | 201,036,000 | 208,816,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 17,032,000 | 34,839,000 | 56,173,000 | 80,917,000 |
| Interest expense | 1,200,000 | 2,561,000 | 5,060,000 | 9,729,000 |
| Net interest income | 15,832,000 | 32,278,000 | 51,113,000 | 71,188,000 |
| Noninterest income | 5,635,000 | 10,173,000 | 11,400,000 | 12,348,000 |
| Noninterest expense | 10,654,000 | 20,764,000 | 31,686,000 | 42,270,000 |
| Provision for loan losses | -1,167,000 | 433,000 | 1,343,000 | 1,343,000 |
| Pretax income | 11,980,000 | 21,254,000 | 29,484,000 | 39,923,000 |
| Income tax | 3,399,000 | 6,020,000 | 8,344,000 | 11,264,000 |
| Net income | 8,581,000 | 15,234,000 | 21,140,000 | 28,659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 187,928,000 | 193,454,000 | 199,424,000 | 207,010,000 |
| Total capital | 201,794,000 | 208,970,000 | 215,693,000 | 223,202,000 |
| Risk-weighted assets | 1,296,245,000 | 1,345,351,000 | 1,356,994,000 | 1,392,210,000 |