Call reports 2004
NEW COMMERCE BANK, N.A. — 2004
What NEW COMMERCE BANK, N.A. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 89,246,000 | 92,667,000 | 94,096,000 | 96,059,000 |
| Total loans | 61,091,000 | 63,497,000 | 65,595,000 | 68,369,000 |
| Allowance for loan losses | 672,000 | 704,000 | 668,000 | 912,000 |
| Securities available for sale | 13,727,000 | 16,565,000 | 16,625,000 | 15,575,000 |
| Securities held to maturity | 500,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,135,000 | 77,026,000 | 79,007,000 | 81,111,000 |
| Interest-bearing deposits | 62,471,000 | 62,779,000 | 66,038,000 | 69,463,000 |
| Noninterest-bearing deposits | 14,663,000 | 14,247,000 | 12,969,000 | 11,648,000 |
| Equity capital | 7,351,000 | 8,066,000 | 8,041,000 | 7,738,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 935,000 | 1,933,000 | 3,047,000 | 4,245,000 |
| Interest expense | 271,000 | 569,000 | 906,000 | 1,283,000 |
| Net interest income | 664,000 | 1,364,000 | 2,141,000 | 2,962,000 |
| Noninterest income | 117,000 | 253,000 | 364,000 | 496,000 |
| Noninterest expense | 658,000 | 1,384,000 | 2,012,000 | 3,075,000 |
| Provision for loan losses | 63,000 | 89,000 | 837,000 | 1,078,000 |
| Pretax income | 60,000 | 144,000 | -344,000 | -695,000 |
| Income tax | 22,000 | 53,000 | -128,000 | -257,000 |
| Net income | 38,000 | 91,000 | -216,000 | -438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,213,000 | 8,267,000 | 7,960,000 | 7,738,000 |
| Total capital | 7,885,000 | 8,971,000 | 8,628,000 | 8,650,000 |
| Risk-weighted assets | 69,711,000 | 72,074,000 | 74,718,000 | 77,931,000 |