Call reports 2003
COMMERCEWEST BANK — 2003
What COMMERCEWEST BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 57,902,000 | 80,273,000 | 83,800,000 | 82,775,000 |
| Total loans | 29,733,000 | 39,517,000 | 52,353,000 | 56,085,000 |
| Allowance for loan losses | 363,000 | 352,000 | 515,000 | 565,000 |
| Securities available for sale | 11,291,000 | 24,761,000 | 20,122,000 | 16,750,000 |
| Securities held to maturity | 6,324,000 | 4,392,000 | 3,933,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,709,000 | 68,485,000 | 67,502,000 | 62,289,000 |
| Interest-bearing deposits | 30,377,000 | 50,132,000 | 47,131,000 | 39,417,000 |
| Noninterest-bearing deposits | 19,332,000 | 18,353,000 | 20,371,000 | 22,872,000 |
| Equity capital | 8,042,000 | 7,822,000 | 16,051,000 | 16,069,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 533,000 | 1,260,000 | 2,169,000 | 3,113,000 |
| Interest expense | 121,000 | 285,000 | 443,000 | 567,000 |
| Net interest income | 412,000 | 975,000 | 1,726,000 | 2,546,000 |
| Noninterest income | 419,000 | 653,000 | 1,279,000 | 1,726,000 |
| Noninterest expense | 636,000 | 1,324,000 | 2,278,000 | 3,300,000 |
| Provision for loan losses | 54,000 | 121,000 | 284,000 | 334,000 |
| Pretax income | 141,000 | 183,000 | 466,000 | 606,000 |
| Income tax | 2,000 | 2,000 | 5,000 | 5,000 |
| Net income | 139,000 | 181,000 | 461,000 | 601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,992,000 | 8,055,000 | 16,770,000 | 16,973,000 |
| Total capital | 8,355,000 | 8,486,000 | 17,372,000 | 17,625,000 |
| Risk-weighted assets | 42,143,000 | 57,915,000 | 71,808,000 | 73,005,000 |