Call reports 2020
COMMONWEALTH BANK AND TRUST COMPANY — 2020
What COMMONWEALTH BANK AND TRUST COMPANY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,165,832,000 | 1,284,341,000 | 1,168,760,000 | 1,189,137,000 |
| Total loans | 823,377,000 | 936,758,000 | 896,068,000 | 838,179,000 |
| Allowance for loan losses | 9,529,000 | 14,257,000 | 15,719,000 | 15,930,000 |
| Securities available for sale | 194,250,000 | 229,895,000 | 165,157,000 | 211,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 963,108,000 | 1,003,583,000 | 956,389,000 | 933,642,000 |
| Interest-bearing deposits | 732,039,000 | 696,088,000 | 655,059,000 | 644,573,000 |
| Noninterest-bearing deposits | 231,069,000 | 307,495,000 | 301,330,000 | 289,069,000 |
| Equity capital | 108,600,000 | 115,091,000 | 111,538,000 | 116,353,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 10,684,000 | 23,584,000 | 33,394,000 | 41,755,000 |
| Interest expense | 2,241,000 | 3,616,000 | 4,647,000 | 5,588,000 |
| Net interest income | 8,443,000 | 19,968,000 | 28,747,000 | 36,167,000 |
| Noninterest income | 11,898,000 | 28,558,000 | 43,820,000 | 57,178,000 |
| Noninterest expense | 16,327,000 | 33,622,000 | 49,715,000 | 65,449,000 |
| Provision for loan losses | 1,150,000 | 6,150,000 | 7,440,000 | 7,890,000 |
| Pretax income | 2,863,000 | 8,753,000 | 15,411,000 | 20,005,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,863,000 | 8,753,000 | 15,411,000 | 20,005,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,790,000 | 110,081,000 | 106,554,000 | 111,149,000 |
| Total capital | 114,319,000 | 122,280,000 | 118,400,000 | 122,540,000 |
| Risk-weighted assets | 878,109,000 | 973,889,000 | 943,846,000 | 906,717,000 |