Call reports 2024
COMMONWEALTH COMMUNITY BANK, INC. — 2024
What COMMONWEALTH COMMUNITY BANK, INC. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 156,959,000 | 155,449,000 | 156,472,000 | 154,038,000 |
| Total loans | 47,175,000 | 49,251,000 | 50,708,000 | 49,820,000 |
| Allowance for loan losses | 617,000 | 616,000 | 667,000 | 654,000 |
| Securities available for sale | 90,293,000 | 89,311,000 | 89,264,000 | 87,283,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,711,000 | 128,381,000 | 124,055,000 | 125,712,000 |
| Interest-bearing deposits | 86,817,000 | 83,983,000 | 82,334,000 | 82,859,000 |
| Noninterest-bearing deposits | 44,894,000 | 44,398,000 | 41,721,000 | 42,853,000 |
| Equity capital | 14,691,000 | 15,367,000 | 17,713,000 | 17,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,012,000 | 2,119,000 | 3,240,000 | 4,374,000 |
| Interest expense | 609,000 | 1,228,000 | 1,891,000 | 2,530,000 |
| Net interest income | 403,000 | 891,000 | 1,349,000 | 1,844,000 |
| Noninterest income | 279,000 | 778,000 | 1,067,000 | 1,113,000 |
| Noninterest expense | 979,000 | 1,921,000 | 2,855,000 | 3,766,000 |
| Provision for loan losses | 0 | 0 | 51,000 | 38,000 |
| Pretax income | -297,000 | -252,000 | -490,000 | -842,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -297,000 | -252,000 | -490,000 | -842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,286,000 | 23,332,000 | 23,094,000 | 22,731,000 |