Call reports 2023
AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION — 2023
What AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 497,627,000 | 534,144,000 | 505,845,000 | 497,904,000 |
| Total loans | 407,461,000 | 424,762,000 | 418,539,000 | 413,424,000 |
| Allowance for loan losses | 8,693,000 | 8,849,000 | 8,945,000 | 8,329,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 416,933,000 | 451,868,000 | 420,916,000 | 416,166,000 |
| Interest-bearing deposits | 373,415,000 | 413,700,000 | 379,943,000 | 380,117,000 |
| Noninterest-bearing deposits | 43,518,000 | 38,168,000 | 40,973,000 | 36,049,000 |
| Equity capital | 60,454,000 | 62,152,000 | 63,747,000 | 65,497,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,985,000 | 14,741,000 | 22,690,000 | 30,355,000 |
| Interest expense | 1,873,000 | 4,571,000 | 7,726,000 | 10,805,000 |
| Net interest income | 5,112,000 | 10,170,000 | 14,964,000 | 19,550,000 |
| Noninterest income | 175,000 | 625,000 | 801,000 | 1,203,000 |
| Noninterest expense | 2,735,000 | 5,823,000 | 8,456,000 | 11,276,000 |
| Provision for loan losses | 275,000 | 431,000 | 631,000 | 664,000 |
| Pretax income | 2,277,000 | 4,541,000 | 6,678,000 | 8,795,000 |
| Income tax | 581,000 | 1,148,000 | 1,688,000 | 2,056,000 |
| Net income | 1,696,000 | 3,393,000 | 4,990,000 | 6,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,455,000 | 62,152,000 | 63,748,000 | 65,498,000 |
| Total capital | 65,568,000 | 67,349,000 | 68,798,000 | 70,575,000 |
| Risk-weighted assets | 405,990,000 | 412,571,000 | 400,673,000 | 403,421,000 |