Call reports 2008
AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION — 2008
What AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 58,461,000 | 64,081,000 | 62,247,000 | 66,772,000 |
| Total loans | 42,812,000 | 47,464,000 | 48,436,000 | 52,788,000 |
| Allowance for loan losses | 499,000 | 553,000 | 890,000 | 1,110,000 |
| Securities available for sale | 5,123,000 | 4,319,000 | 4,246,000 | 4,734,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,706,000 | 53,207,000 | 51,851,000 | 56,685,000 |
| Interest-bearing deposits | 45,854,000 | 48,257,000 | 47,983,000 | 51,080,000 |
| Noninterest-bearing deposits | 3,852,000 | 4,950,000 | 3,868,000 | 5,605,000 |
| Equity capital | 7,070,000 | 6,865,000 | 6,440,000 | 5,631,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 961,000 | 1,931,000 | 2,875,000 | 3,807,000 |
| Interest expense | 486,000 | 963,000 | 1,415,000 | 1,860,000 |
| Net interest income | 475,000 | 968,000 | 1,460,000 | 1,947,000 |
| Noninterest income | 67,000 | 158,000 | 206,000 | -264,000 |
| Noninterest expense | 620,000 | 1,263,000 | 1,927,000 | 2,618,000 |
| Provision for loan losses | 66,000 | 84,000 | 446,000 | 681,000 |
| Pretax income | -144,000 | -207,000 | -693,000 | -1,602,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -144,000 | -207,000 | -693,000 | -1,602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,963,000 | 6,900,000 | 6,414,000 | 5,505,000 |
| Total capital | 7,462,000 | 7,453,000 | 7,044,000 | 6,177,000 |
| Risk-weighted assets | 46,851,000 | 50,293,000 | 49,901,000 | 53,687,000 |