Call reports 2014
COMMONWEALTH BANK AND TRUST COMPANY — 2014
What COMMONWEALTH BANK AND TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 722,328,000 | 825,993,000 | 801,690,000 | 822,125,000 |
| Total loans | 429,305,000 | 498,416,000 | 518,418,000 | 518,393,000 |
| Allowance for loan losses | 6,286,000 | 7,386,000 | 7,324,000 | 8,921,000 |
| Securities available for sale | 215,520,000 | 217,406,000 | 212,115,000 | 208,077,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 600,257,000 | 677,349,000 | 658,467,000 | 669,692,000 |
| Interest-bearing deposits | 494,835,000 | 554,437,000 | 536,887,000 | 540,662,000 |
| Noninterest-bearing deposits | 105,422,000 | 122,912,000 | 121,580,000 | 129,030,000 |
| Equity capital | 62,249,000 | 73,201,000 | 75,458,000 | 79,573,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,946,000 | 13,386,000 | 20,066,000 | 26,903,000 |
| Interest expense | 648,000 | 1,371,000 | 2,039,000 | 2,701,000 |
| Net interest income | 5,298,000 | 12,015,000 | 18,027,000 | 24,202,000 |
| Noninterest income | 3,418,000 | 7,977,000 | 14,612,000 | 23,014,000 |
| Noninterest expense | 7,862,000 | 17,963,000 | 27,884,000 | 37,462,000 |
| Provision for loan losses | 175,000 | 250,000 | 325,000 | 1,900,000 |
| Pretax income | 706,000 | 1,802,000 | 4,421,000 | 7,820,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 706,000 | 1,802,000 | 4,421,000 | 7,820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,723,000 | 74,438,000 | 76,260,000 | 79,656,000 |
| Total capital | 71,937,000 | 81,561,000 | 83,583,000 | 86,922,000 |
| Risk-weighted assets | 497,617,000 | 569,540,000 | 586,231,000 | 579,631,000 |