Call reports 2002
COMMONWEALTH COMMUNITY BANK, INC. — 2002
What COMMONWEALTH COMMUNITY BANK, INC. 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 | 124,279,000 | 128,899,000 | 136,674,000 | 147,698,000 |
| Total loans | 68,341,000 | 70,018,000 | 73,142,000 | 76,075,000 |
| Allowance for loan losses | 675,000 | 655,000 | 734,000 | 697,000 |
| Securities available for sale | 28,013,000 | 32,067,000 | 31,205,000 | 37,001,000 |
| Securities held to maturity | 11,667,000 | 12,479,000 | 12,474,000 | 14,075,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,111,000 | 95,182,000 | 99,379,000 | 102,816,000 |
| Interest-bearing deposits | 80,674,000 | 82,423,000 | 86,865,000 | 89,609,000 |
| Noninterest-bearing deposits | 13,437,000 | 12,759,000 | 12,514,000 | 13,207,000 |
| Equity capital | 13,206,000 | 13,871,000 | 14,353,000 | 14,596,000 |
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 | 1,953,000 | 4,016,000 | 6,183,000 | 8,385,000 |
| Interest expense | 933,000 | 1,920,000 | 2,926,000 | 3,938,000 |
| Net interest income | 1,020,000 | 2,096,000 | 3,257,000 | 4,447,000 |
| Noninterest income | 193,000 | 408,000 | 654,000 | 884,000 |
| Noninterest expense | 731,000 | 1,541,000 | 2,304,000 | 3,363,000 |
| Provision for loan losses | 20,000 | 60,000 | 130,000 | 190,000 |
| Pretax income | 462,000 | 903,000 | 1,477,000 | 1,778,000 |
| Income tax | 80,000 | 249,000 | 317,000 | 399,000 |
| Net income | 382,000 | 654,000 | 1,160,000 | 1,379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,287,000 | 13,559,000 | 14,065,000 | 14,285,000 |
| Total capital | 13,962,000 | 14,214,000 | 14,799,000 | 14,982,000 |
| Risk-weighted assets | 69,641,000 | 72,103,000 | 73,926,000 | 77,172,000 |