Call reports 2008
COMMONWEALTH BANK AND TRUST COMPANY — 2008
What COMMONWEALTH BANK AND TRUST COMPANY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 619,952,000 | 651,381,000 | 664,279,000 | 690,562,000 |
| Total loans | 495,761,000 | 520,213,000 | 543,466,000 | 560,527,000 |
| Allowance for loan losses | 2,799,000 | 3,020,000 | 3,166,000 | 4,784,000 |
| Securities available for sale | 77,695,000 | 75,754,000 | 77,189,000 | 88,203,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 427,511,000 | 475,593,000 | 459,763,000 | 517,139,000 |
| Interest-bearing deposits | 361,482,000 | 408,839,000 | 394,161,000 | 432,399,000 |
| Noninterest-bearing deposits | 66,029,000 | 66,754,000 | 65,602,000 | 84,740,000 |
| Equity capital | 54,832,000 | 54,598,000 | 54,501,000 | 55,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,425,000 | 18,457,000 | 27,566,000 | 36,412,000 |
| Interest expense | 4,080,000 | 7,371,000 | 10,476,000 | 13,396,000 |
| Net interest income | 5,345,000 | 11,086,000 | 17,090,000 | 23,016,000 |
| Noninterest income | 2,374,000 | 4,913,000 | 7,272,000 | 9,258,000 |
| Noninterest expense | 5,721,000 | 11,566,000 | 17,477,000 | 23,083,000 |
| Provision for loan losses | 210,000 | 470,000 | 710,000 | 2,480,000 |
| Pretax income | 1,788,000 | 3,963,000 | 6,175,000 | 6,916,000 |
| Income tax | 0 | 0 | 0 | -274,000 |
| Net income | 1,788,000 | 3,963,000 | 6,175,000 | 7,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,187,000 | 55,088,000 | 55,989,000 | 55,505,000 |
| Total capital | 56,986,000 | 58,108,000 | 59,155,000 | 60,289,000 |
| Risk-weighted assets | 515,523,000 | 538,202,000 | 560,034,000 | 573,071,000 |