Call reports 2008
COMMERCE NATIONAL BANK — 2008
What COMMERCE NATIONAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 595,798,000 | 606,759,000 | 639,003,000 | 647,458,000 |
| Total loans | 525,327,000 | 536,817,000 | 565,296,000 | 575,049,000 |
| Allowance for loan losses | 4,629,000 | 5,032,000 | 5,548,000 | 5,483,000 |
| Securities available for sale | 7,408,000 | 10,152,000 | 11,661,000 | 10,636,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 430,062,000 | 443,032,000 | 487,353,000 | 490,112,000 |
| Interest-bearing deposits | 366,453,000 | 383,786,000 | 425,387,000 | 427,364,000 |
| Noninterest-bearing deposits | 63,609,000 | 59,247,000 | 61,965,000 | 62,747,000 |
| Equity capital | 81,147,000 | 82,344,000 | 83,650,000 | 84,224,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,281,000 | 18,433,000 | 27,909,000 | 37,321,000 |
| Interest expense | 4,370,000 | 8,323,000 | 12,496,000 | 16,488,000 |
| Net interest income | 4,911,000 | 10,110,000 | 15,413,000 | 20,833,000 |
| Noninterest income | 278,000 | 596,000 | 1,001,000 | 641,000 |
| Noninterest expense | 3,148,000 | 6,444,000 | 9,600,000 | 12,695,000 |
| Provision for loan losses | 385,000 | 780,000 | 1,492,000 | 2,502,000 |
| Pretax income | 1,656,000 | 3,482,000 | 5,322,000 | 6,283,000 |
| Income tax | 532,000 | 1,130,000 | 1,742,000 | 2,251,000 |
| Net income | 1,124,000 | 2,352,000 | 3,580,000 | 4,032,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,447,000 | 49,848,000 | 51,256,000 | 51,884,000 |
| Total capital | 53,076,000 | 54,880,000 | 56,804,000 | 57,367,000 |
| Risk-weighted assets | 501,332,000 | 513,726,000 | 536,937,000 | 542,312,000 |