Call reports 2008
COMMERCEWEST BANK — 2008
What COMMERCEWEST BANK 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 | 250,323,000 | 244,736,000 | 235,331,000 | 255,722,000 |
| Total loans | 135,763,000 | 138,495,000 | 139,405,000 | 145,631,000 |
| Allowance for loan losses | 2,195,000 | 2,313,000 | 2,309,000 | 2,166,000 |
| Securities available for sale | 86,388,000 | 80,585,000 | 78,115,000 | 90,751,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,014,000 | 199,491,000 | 187,234,000 | 200,203,000 |
| Interest-bearing deposits | 125,630,000 | 132,399,000 | 125,413,000 | 136,372,000 |
| Noninterest-bearing deposits | 80,384,000 | 67,092,000 | 61,821,000 | 63,831,000 |
| Equity capital | 33,462,000 | 33,414,000 | 33,553,000 | 34,384,000 |
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 | 3,916,000 | 7,371,000 | 10,663,000 | 14,041,000 |
| Interest expense | 1,224,000 | 2,092,000 | 2,932,000 | 3,671,000 |
| Net interest income | 2,692,000 | 5,279,000 | 7,731,000 | 10,370,000 |
| Noninterest income | 477,000 | 1,000,000 | 1,453,000 | 1,599,000 |
| Noninterest expense | 1,824,000 | 3,554,000 | 5,330,000 | 7,057,000 |
| Provision for loan losses | 270,000 | 580,000 | 875,000 | 1,785,000 |
| Pretax income | 1,103,000 | 2,173,000 | 3,007,000 | 3,155,000 |
| Income tax | 382,000 | 749,000 | 1,034,000 | 1,040,000 |
| Net income | 721,000 | 1,424,000 | 1,973,000 | 2,115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,339,000 | 34,091,000 | 34,706,000 | 34,837,000 |
| Total capital | 35,534,000 | 36,404,000 | 37,015,000 | 37,003,000 |
| Risk-weighted assets | 195,089,000 | 189,961,000 | 188,641,000 | 198,410,000 |