Call reports 2008
COMMONWEALTH COMMUNITY BANK, INC. — 2008
What COMMONWEALTH COMMUNITY BANK, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 169,416,000 | 168,294,000 | 167,571,000 | 167,003,000 |
| Total loans | 79,883,000 | 79,030,000 | 78,394,000 | 76,590,000 |
| Allowance for loan losses | 854,000 | 842,000 | 867,000 | 904,000 |
| Securities available for sale | 70,570,000 | 71,074,000 | 73,396,000 | 75,747,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,083,000 | 128,337,000 | 126,973,000 | 120,576,000 |
| Interest-bearing deposits | 107,818,000 | 107,978,000 | 106,366,000 | 99,456,000 |
| Noninterest-bearing deposits | 20,265,000 | 20,359,000 | 20,607,000 | 21,120,000 |
| Equity capital | 15,393,000 | 14,825,000 | 15,745,000 | 16,379,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,272,000 | 4,566,000 | 6,914,000 | 9,252,000 |
| Interest expense | 1,299,000 | 2,512,000 | 3,625,000 | 4,645,000 |
| Net interest income | 973,000 | 2,054,000 | 3,289,000 | 4,607,000 |
| Noninterest income | 264,000 | 538,000 | 859,000 | 1,009,000 |
| Noninterest expense | 921,000 | 1,777,000 | 2,827,000 | 3,843,000 |
| Provision for loan losses | 10,000 | 30,000 | 60,000 | 90,000 |
| Pretax income | 306,000 | 785,000 | 1,267,000 | 1,671,000 |
| Income tax | 62,000 | 188,000 | 317,000 | 417,000 |
| Net income | 244,000 | 597,000 | 950,000 | 1,254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,731,000 | 15,190,000 | 15,542,000 | 15,846,000 |
| Total capital | 16,585,000 | 16,032,000 | 16,409,000 | 16,750,000 |
| Risk-weighted assets | 83,810,000 | 84,057,000 | 82,574,000 | 80,749,000 |