Call reports 2005
COMMERCEFIRST BANK — 2005
What COMMERCEFIRST BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 91,475,000 | 84,453,000 | 98,402,000 | 112,545,000 |
| Total loans | 57,104,000 | 63,183,000 | 73,528,000 | 76,982,000 |
| Allowance for loan losses | 1,248,000 | 1,438,000 | 1,535,000 | 1,615,000 |
| Securities available for sale | 4,927,000 | 10,948,000 | 10,918,000 | 10,874,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,148,000 | 68,174,000 | 81,136,000 | 91,817,000 |
| Interest-bearing deposits | 54,850,000 | 47,962,000 | 57,204,000 | 70,236,000 |
| Noninterest-bearing deposits | 20,298,000 | 20,212,000 | 23,932,000 | 21,580,000 |
| Equity capital | 12,798,000 | 13,059,000 | 13,414,000 | 13,714,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,150,000 | 2,448,000 | 3,938,000 | 5,639,000 |
| Interest expense | 259,000 | 570,000 | 957,000 | 1,439,000 |
| Net interest income | 891,000 | 1,878,000 | 2,981,000 | 4,200,000 |
| Noninterest income | 108,000 | 203,000 | 452,000 | 625,000 |
| Noninterest expense | 608,000 | 1,218,000 | 1,877,000 | 2,697,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 301,000 | 683,000 | 1,286,000 | 1,768,000 |
| Income tax | 113,000 | 258,000 | 492,000 | 658,000 |
| Net income | 188,000 | 425,000 | 794,000 | 1,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,858,000 | 13,095,000 | 13,464,000 | 13,780,000 |
| Total capital | 13,634,000 | 13,911,000 | 14,419,000 | 14,814,000 |
| Risk-weighted assets | 61,605,000 | 64,658,000 | 75,773,000 | 82,115,000 |