Call reports 2002
COMMERCEFIRST BANK — 2002
What COMMERCEFIRST 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 | 31,827,000 | 34,550,000 | 40,849,000 | 45,832,000 |
| Total loans | 22,555,000 | 27,405,000 | 29,805,000 | 30,486,000 |
| Allowance for loan losses | 315,000 | 360,000 | 360,000 | 655,000 |
| Securities available for sale | 3,988,000 | 3,511,000 | 5,078,000 | 5,092,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,889,000 | 26,263,000 | 34,012,000 | 35,926,000 |
| Interest-bearing deposits | 19,490,000 | 22,000,000 | 27,013,000 | 29,350,000 |
| Noninterest-bearing deposits | 4,399,000 | 4,263,000 | 6,999,000 | 6,576,000 |
| Equity capital | 4,774,000 | 4,648,000 | 4,636,000 | 4,390,000 |
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 | 416,000 | 897,000 | 1,463,000 | 2,065,000 |
| Interest expense | 158,000 | 326,000 | 527,000 | 737,000 |
| Net interest income | 258,000 | 571,000 | 936,000 | 1,328,000 |
| Noninterest income | 29,000 | 68,000 | 112,000 | 175,000 |
| Noninterest expense | 402,000 | 837,000 | 1,257,000 | 1,676,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 430,000 |
| Pretax income | -160,000 | -288,000 | -344,000 | -603,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -160,000 | -288,000 | -344,000 | -603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,776,000 | 4,648,000 | 4,593,000 | 4,333,000 |
| Total capital | 5,052,000 | 4,970,000 | 4,952,000 | 4,712,000 |
| Risk-weighted assets | 22,010,000 | 25,728,000 | 28,696,000 | 30,047,000 |