Call reports 2003
COMMERCE NATIONAL BANK — 2003
What COMMERCE NATIONAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 383,230,000 | 402,534,000 | 386,023,000 | 387,064,000 |
| Total loans | 313,533,000 | 317,795,000 | 320,295,000 | 329,177,000 |
| Allowance for loan losses | 3,797,000 | 3,945,000 | 3,895,000 | 3,046,000 |
| Securities available for sale | 11,330,000 | 16,122,000 | 13,421,000 | 6,206,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,227,000 | 289,602,000 | 274,403,000 | 270,040,000 |
| Interest-bearing deposits | 246,454,000 | 247,622,000 | 231,645,000 | 230,781,000 |
| Noninterest-bearing deposits | 39,773,000 | 41,980,000 | 42,758,000 | 39,260,000 |
| Equity capital | 53,834,000 | 60,069,000 | 60,949,000 | 62,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,475,000 | 5,840,000 | 10,111,000 | 14,370,000 |
| Interest expense | 433,000 | 1,684,000 | 2,850,000 | 3,925,000 |
| Net interest income | 1,042,000 | 4,156,000 | 7,261,000 | 10,445,000 |
| Noninterest income | 48,000 | 199,000 | 368,000 | 551,000 |
| Noninterest expense | 615,000 | 2,495,000 | 4,424,000 | 6,419,000 |
| Provision for loan losses | 40,000 | 40,000 | 40,000 | -960,000 |
| Pretax income | 435,000 | 1,820,000 | 3,165,000 | 5,537,000 |
| Income tax | 148,000 | 619,000 | 1,076,000 | 1,884,000 |
| Net income | 287,000 | 1,201,000 | 2,089,000 | 3,653,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,550,000 | 24,617,000 | 25,752,000 | 27,472,000 |
| Total capital | 29,305,000 | 34,469,000 | 35,522,000 | 36,698,000 |
| Risk-weighted assets | 285,751,000 | 293,511,000 | 286,916,000 | 298,142,000 |