Call reports 2002
COMMERCEWEST BANK — 2002
What COMMERCEWEST BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 28,578,000 | 34,210,000 | 39,715,000 | 44,940,000 |
| Total loans | 7,955,000 | 13,702,000 | 16,325,000 | 23,255,000 |
| Allowance for loan losses | 143,000 | 244,000 | 264,000 | 309,000 |
| Securities available for sale | 750,000 | 1,750,000 | 13,252,000 | 7,826,000 |
| Securities held to maturity | 2,580,000 | 6,738,000 | 6,444,000 | 10,532,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,088,000 | 25,384,000 | 30,606,000 | 36,937,000 |
| Interest-bearing deposits | 12,918,000 | 16,826,000 | 22,151,000 | 24,703,000 |
| Noninterest-bearing deposits | 7,170,000 | 8,558,000 | 8,455,000 | 12,234,000 |
| Equity capital | 8,380,000 | 8,166,000 | 7,983,000 | 7,897,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 176,000 | 489,000 | 873,000 | 1,324,000 |
| Interest expense | 43,000 | 131,000 | 240,000 | 361,000 |
| Net interest income | 133,000 | 358,000 | 633,000 | 963,000 |
| Noninterest income | 36,000 | 286,000 | 432,000 | 604,000 |
| Noninterest expense | 539,000 | 1,131,000 | 1,718,000 | 2,310,000 |
| Provision for loan losses | 51,000 | 152,000 | 172,000 | 217,000 |
| Pretax income | -421,000 | -639,000 | -825,000 | -960,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -421,000 | -639,000 | -825,000 | -960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,380,000 | 8,166,000 | 7,983,000 | 7,849,000 |
| Total capital | 8,523,000 | 8,410,000 | 8,247,000 | 8,158,000 |
| Risk-weighted assets | 16,566,000 | 21,691,000 | 29,913,000 | 30,167,000 |