Call reports 2002
NEW COMMERCE BANK, N.A. — 2002
What NEW COMMERCE BANK, N.A. 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 | 49,937,000 | 52,719,000 | 58,268,000 | 62,205,000 |
| Total loans | 29,722,000 | 32,539,000 | 35,307,000 | 38,430,000 |
| Allowance for loan losses | 414,000 | 435,000 | 450,000 | 492,000 |
| Securities available for sale | 14,485,000 | 14,484,000 | 13,829,000 | 12,736,000 |
| Securities held to maturity | 0 | 0 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,621,000 | 39,408,000 | 45,604,000 | 49,838,000 |
| Interest-bearing deposits | 30,275,000 | 33,962,000 | 37,518,000 | 42,644,000 |
| Noninterest-bearing deposits | 5,346,000 | 5,446,000 | 8,086,000 | 7,194,000 |
| Equity capital | 7,202,000 | 7,415,000 | 7,455,000 | 7,385,000 |
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 | 689,000 | 1,399,000 | 2,144,000 | 2,911,000 |
| Interest expense | 240,000 | 478,000 | 732,000 | 997,000 |
| Net interest income | 449,000 | 921,000 | 1,412,000 | 1,914,000 |
| Noninterest income | 55,000 | 114,000 | 223,000 | 279,000 |
| Noninterest expense | 492,000 | 1,006,000 | 1,577,000 | 2,136,000 |
| Provision for loan losses | 9,000 | 30,000 | 68,000 | 110,000 |
| Pretax income | 3,000 | -1,000 | 37,000 | 35,000 |
| Income tax | 1,000 | 1,000 | 13,000 | 14,000 |
| Net income | 2,000 | -2,000 | 24,000 | 21,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,076,000 | 7,072,000 | 7,097,000 | 7,094,000 |
| Total capital | 7,490,000 | 7,507,000 | 7,547,000 | 7,586,000 |
| Risk-weighted assets | 40,899,000 | 43,430,000 | 46,122,000 | 49,041,000 |