Call reports 2023
COMMONWEALTH COMMUNITY BANK, INC. — 2023
What COMMONWEALTH COMMUNITY BANK, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 149,548,000 | 147,529,000 | 150,756,000 | 155,896,000 |
| Total loans | 41,371,000 | 41,960,000 | 45,133,000 | 46,850,000 |
| Allowance for loan losses | 547,000 | 554,000 | 593,000 | 613,000 |
| Securities available for sale | 89,618,000 | 89,056,000 | 87,849,000 | 90,641,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,961,000 | 126,042,000 | 128,134,000 | 130,283,000 |
| Interest-bearing deposits | 85,259,000 | 82,946,000 | 84,455,000 | 87,266,000 |
| Noninterest-bearing deposits | 44,702,000 | 43,096,000 | 43,679,000 | 43,017,000 |
| Equity capital | 13,221,000 | 12,690,000 | 11,962,000 | 15,100,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 901,000 | 1,830,000 | 2,836,000 | 3,914,000 |
| Interest expense | 224,000 | 521,000 | 903,000 | 1,461,000 |
| Net interest income | 677,000 | 1,309,000 | 1,933,000 | 2,453,000 |
| Noninterest income | 284,000 | 535,000 | 787,000 | 1,039,000 |
| Noninterest expense | 890,000 | 1,886,000 | 2,729,000 | 3,831,000 |
| Provision for loan losses | 22,000 | 30,000 | 61,000 | 80,000 |
| Pretax income | 49,000 | -72,000 | -70,000 | -419,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 49,000 | -72,000 | -70,000 | -419,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,226,000 | 24,102,000 | 24,107,000 | 23,758,000 |