Call reports 2004
COMMERCE NATIONAL BANK — 2004
What COMMERCE NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 422,187,000 | 411,355,000 | 414,975,000 | 432,489,000 |
| Total loans | 340,642,000 | 345,153,000 | 352,923,000 | 376,776,000 |
| Allowance for loan losses | 3,170,000 | 3,286,000 | 3,322,000 | 3,001,000 |
| Securities available for sale | 16,755,000 | 13,032,000 | 8,284,000 | 7,340,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,793,000 | 292,221,000 | 297,563,000 | 303,007,000 |
| Interest-bearing deposits | 254,239,000 | 238,809,000 | 252,278,000 | 263,427,000 |
| Noninterest-bearing deposits | 44,553,000 | 53,411,000 | 45,285,000 | 39,580,000 |
| Equity capital | 62,644,000 | 62,296,000 | 61,775,000 | 62,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,353,000 | 8,741,000 | 13,354,000 | 18,424,000 |
| Interest expense | 1,172,000 | 2,336,000 | 3,652,000 | 5,412,000 |
| Net interest income | 3,181,000 | 6,405,000 | 9,702,000 | 13,012,000 |
| Noninterest income | 189,000 | 380,000 | 581,000 | 795,000 |
| Noninterest expense | 1,970,000 | 3,896,000 | 5,917,000 | 8,125,000 |
| Provision for loan losses | 113,000 | 205,000 | 205,000 | 85,000 |
| Pretax income | 1,287,000 | 2,684,000 | 4,161,000 | 5,597,000 |
| Income tax | 438,000 | 916,000 | 1,424,000 | 1,916,000 |
| Net income | 849,000 | 1,768,000 | 2,737,000 | 3,681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,746,000 | 27,585,000 | 27,218,000 | 27,648,000 |
| Total capital | 37,096,000 | 37,051,000 | 36,720,000 | 36,829,000 |
| Risk-weighted assets | 313,227,000 | 317,331,000 | 322,526,000 | 344,146,000 |