Call reports 2001
NEW COMMERCE BANK, N.A. — 2001
What NEW COMMERCE BANK, N.A. reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 40,621,000 | 49,062,000 | 51,312,000 | 50,244,000 |
| Total loans | 21,145,000 | 25,316,000 | 27,995,000 | 28,947,000 |
| Allowance for loan losses | 317,000 | 354,000 | 388,000 | 405,000 |
| Securities available for sale | 13,316,000 | 17,257,000 | 16,518,000 | 14,969,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,977,000 | 35,354,000 | 36,932,000 | 37,767,000 |
| Interest-bearing deposits | 28,200,000 | 29,188,000 | 30,927,000 | 31,176,000 |
| Noninterest-bearing deposits | 4,777,000 | 6,166,000 | 6,005,000 | 6,591,000 |
| Equity capital | 7,450,000 | 7,416,000 | 7,501,000 | 7,321,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 736,000 | 1,507,000 | 2,310,000 | 3,019,000 |
| Interest expense | 367,000 | 766,000 | 1,149,000 | 1,440,000 |
| Net interest income | 369,000 | 741,000 | 1,161,000 | 1,579,000 |
| Noninterest income | 57,000 | 104,000 | 152,000 | 228,000 |
| Noninterest expense | 479,000 | 945,000 | 1,416,000 | 1,982,000 |
| Provision for loan losses | 25,000 | 62,000 | 96,000 | 118,000 |
| Pretax income | -78,000 | -162,000 | -199,000 | -293,000 |
| Income tax | -38,000 | -86,000 | -93,000 | -93,000 |
| Net income | -40,000 | -76,000 | -106,000 | -200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,207,000 | 7,198,000 | 7,168,000 | 7,074,000 |
| Total capital | 7,524,000 | 7,552,000 | 7,556,000 | 7,479,000 |
| Risk-weighted assets | 30,018,000 | 34,833,000 | 37,947,000 | 40,185,000 |