Call reports 2003
COMMERCEFIRST BANK — 2003
What COMMERCEFIRST 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 | 50,808,000 | 48,705,000 | 47,381,000 | 51,290,000 |
| Total loans | 33,568,000 | 32,664,000 | 34,114,000 | 33,291,000 |
| Allowance for loan losses | 707,000 | 534,000 | 610,000 | 604,000 |
| Securities available for sale | 7,106,000 | 7,191,000 | 7,104,000 | 7,087,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,526,000 | 38,719,000 | 39,835,000 | 41,792,000 |
| Interest-bearing deposits | 30,491,000 | 30,209,000 | 30,184,000 | 31,226,000 |
| Noninterest-bearing deposits | 7,035,000 | 8,510,000 | 9,651,000 | 10,566,000 |
| Equity capital | 4,413,000 | 4,505,000 | 4,523,000 | 4,567,000 |
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 | 601,000 | 1,233,000 | 1,861,000 | 2,488,000 |
| Interest expense | 150,000 | 296,000 | 412,000 | 530,000 |
| Net interest income | 451,000 | 937,000 | 1,449,000 | 1,958,000 |
| Noninterest income | 79,000 | 166,000 | 244,000 | 327,000 |
| Noninterest expense | 451,000 | 915,000 | 1,357,000 | 1,820,000 |
| Provision for loan losses | 45,000 | 120,000 | 195,000 | 270,000 |
| Pretax income | 34,000 | 68,000 | 141,000 | 195,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 34,000 | 68,000 | 141,000 | 195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,367,000 | 4,401,000 | 4,474,000 | 4,528,000 |
| Total capital | 4,775,000 | 4,804,000 | 4,888,000 | 4,942,000 |
| Risk-weighted assets | 32,290,000 | 32,055,000 | 32,875,000 | 32,947,000 |