Call reports 2002
COMMONWEALTH BANK, THE — 2002
What COMMONWEALTH BANK, THE 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 | 99,366,000 | 119,752,000 | 129,802,000 | 134,136,000 |
| Total loans | 81,332,000 | 92,475,000 | 99,656,000 | 107,265,000 |
| Allowance for loan losses | 818,000 | 965,000 | 1,040,000 | 1,090,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,204,000 | 104,095,000 | 108,758,000 | 107,339,000 |
| Interest-bearing deposits | 54,474,000 | 71,321,000 | 65,192,000 | 64,936,000 |
| Noninterest-bearing deposits | 28,730,000 | 32,774,000 | 43,566,000 | 42,403,000 |
| Equity capital | 7,474,000 | 7,682,000 | 8,006,000 | 8,278,000 |
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 | 1,380,000 | 2,925,000 | 4,658,000 | 6,532,000 |
| Interest expense | 522,000 | 1,083,000 | 1,588,000 | 2,061,000 |
| Net interest income | 858,000 | 1,842,000 | 3,070,000 | 4,471,000 |
| Noninterest income | 147,000 | 280,000 | 423,000 | 581,000 |
| Noninterest expense | 723,000 | 1,432,000 | 2,206,000 | 3,163,000 |
| Provision for loan losses | 91,000 | 182,000 | 297,000 | 487,000 |
| Pretax income | 191,000 | 508,000 | 990,000 | 1,402,000 |
| Income tax | 65,000 | 174,000 | 340,000 | 480,000 |
| Net income | 126,000 | 334,000 | 650,000 | 922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,456,000 | 7,665,000 | 7,991,000 | 8,265,000 |
| Total capital | 8,274,000 | 8,630,000 | 9,031,000 | 9,355,000 |
| Risk-weighted assets | 73,247,000 | 82,435,000 | 87,880,000 | 92,469,000 |