Call reports 2007
COMMERCE NATIONAL BANK — 2007
What COMMERCE NATIONAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 529,772,000 | 536,313,000 | 566,711,000 | 579,862,000 |
| Total loans | 446,613,000 | 461,324,000 | 487,039,000 | 507,855,000 |
| Allowance for loan losses | 4,010,000 | 4,208,000 | 4,177,000 | 4,254,000 |
| Securities available for sale | 6,233,000 | 6,472,000 | 6,643,000 | 7,445,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 399,073,000 | 394,701,000 | 413,568,000 | 423,943,000 |
| Interest-bearing deposits | 341,344,000 | 334,178,000 | 358,088,000 | 364,480,000 |
| Noninterest-bearing deposits | 57,729,000 | 60,523,000 | 55,480,000 | 59,463,000 |
| Equity capital | 76,521,000 | 77,624,000 | 78,457,000 | 80,878,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 8,229,000 | 16,976,000 | 26,206,000 | 35,614,000 |
| Interest expense | 4,146,000 | 8,517,000 | 13,271,000 | 17,975,000 |
| Net interest income | 4,083,000 | 8,459,000 | 12,935,000 | 17,639,000 |
| Noninterest income | 327,000 | 587,000 | 982,000 | 1,738,000 |
| Noninterest expense | 2,495,000 | 5,380,000 | 8,195,000 | 11,044,000 |
| Provision for loan losses | 160,000 | 370,000 | 972,000 | 1,460,000 |
| Pretax income | 1,755,000 | 3,296,000 | 4,750,000 | 6,873,000 |
| Income tax | 544,000 | 1,010,000 | 1,431,000 | 1,949,000 |
| Net income | 1,211,000 | 2,286,000 | 3,319,000 | 4,924,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,380,000 | 44,614,000 | 45,570,000 | 48,099,000 |
| Total capital | 47,390,000 | 48,822,000 | 49,747,000 | 52,353,000 |
| Risk-weighted assets | 430,753,000 | 441,643,000 | 462,330,000 | 486,519,000 |