Call reports 2005
NEW COMMERCE BANK, N.A. — 2005
What NEW COMMERCE BANK, N.A. reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 |
|---|---|
| Total assets | 97,436,000 |
| Total loans | 70,525,000 |
| Allowance for loan losses | 950,000 |
| Securities available for sale | 14,885,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 79,854,000 |
| Interest-bearing deposits | 69,391,000 |
| Noninterest-bearing deposits | 10,463,000 |
| Equity capital | 7,627,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 |
|---|---|
| Interest income | 1,298,000 |
| Interest expense | 428,000 |
| Net interest income | 870,000 |
| Noninterest income | 94,000 |
| Noninterest expense | 824,000 |
| Provision for loan losses | 34,000 |
| Pretax income | 106,000 |
| Income tax | 39,000 |
| Net income | 67,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 |
|---|---|
| Tier 1 capital | 7,805,000 |
| Total capital | 8,755,000 |
| Risk-weighted assets | 79,932,000 |