Call reports 2004
COMMERCEFIRST BANK — 2004
What COMMERCEFIRST 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 | 55,495,000 | 55,936,000 | 61,359,000 | 75,897,000 |
| Total loans | 34,058,000 | 38,400,000 | 44,918,000 | 52,930,000 |
| Allowance for loan losses | 660,000 | 717,000 | 1,123,000 | 1,154,000 |
| Securities available for sale | 8,103,000 | 6,981,000 | 6,026,000 | 4,978,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,255,000 | 47,940,000 | 51,540,000 | 65,805,000 |
| Interest-bearing deposits | 33,096,000 | 37,600,000 | 39,217,000 | 45,038,000 |
| Noninterest-bearing deposits | 10,159,000 | 10,340,000 | 12,323,000 | 20,767,000 |
| Equity capital | 4,662,000 | 4,728,000 | 6,530,000 | 6,643,000 |
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 | 622,000 | 1,302,000 | 2,061,000 | 3,000,000 |
| Interest expense | 119,000 | 250,000 | 383,000 | 588,000 |
| Net interest income | 503,000 | 1,052,000 | 1,678,000 | 2,412,000 |
| Noninterest income | 123,000 | 283,000 | 432,000 | 584,000 |
| Noninterest expense | 496,000 | 1,017,000 | 1,555,000 | 2,126,000 |
| Provision for loan losses | 45,000 | 90,000 | 500,000 | 590,000 |
| Pretax income | 85,000 | 228,000 | 55,000 | 280,000 |
| Income tax | 0 | 0 | -945,000 | -862,000 |
| Net income | 85,000 | 228,000 | 1,000,000 | 1,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,613,000 | 4,756,000 | 6,528,000 | 6,670,000 |
| Total capital | 5,045,000 | 5,234,000 | 7,106,000 | 7,369,000 |
| Risk-weighted assets | 34,308,000 | 38,003,000 | 45,671,000 | 55,441,000 |