Call reports 2002
COMMERCE NATIONAL BANK — 2002
What COMMERCE NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 293,188,000 | 316,549,000 | 323,159,000 | 330,977,000 |
| Total loans | 256,572,000 | 274,336,000 | 277,352,000 | 291,175,000 |
| Allowance for loan losses | 3,441,000 | 3,566,000 | 3,745,000 | 3,776,000 |
| Securities available for sale | 8,846,000 | 21,961,000 | 15,615,000 | 17,727,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,954,000 | 248,293,000 | 258,836,000 | 257,631,000 |
| Interest-bearing deposits | 206,149,000 | 214,961,000 | 222,145,000 | 220,435,000 |
| Noninterest-bearing deposits | 28,805,000 | 33,333,000 | 36,691,000 | 37,196,000 |
| Equity capital | 21,356,000 | 21,956,000 | 22,510,000 | 22,874,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,566,000 | 9,268,000 | 14,116,000 | 18,869,000 |
| Interest expense | 1,943,000 | 3,958,000 | 6,035,000 | 7,923,000 |
| Net interest income | 2,623,000 | 5,310,000 | 8,081,000 | 10,946,000 |
| Noninterest income | 132,000 | 269,000 | 401,000 | 553,000 |
| Noninterest expense | 1,332,000 | 2,697,000 | 4,139,000 | 5,995,000 |
| Provision for loan losses | 110,000 | 234,000 | 399,000 | 613,000 |
| Pretax income | 1,313,000 | 2,648,000 | 3,951,000 | 4,891,000 |
| Income tax | 454,000 | 915,000 | 1,365,000 | 1,689,000 |
| Net income | 859,000 | 1,733,000 | 2,586,000 | 3,202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,345,000 | 21,919,000 | 22,473,000 | 22,839,000 |
| Total capital | 29,479,000 | 30,258,000 | 30,858,000 | 30,630,000 |
| Risk-weighted assets | 235,827,000 | 252,316,000 | 255,847,000 | 268,437,000 |