Call reports 2016
COMMERCEWEST BANK — 2016
What COMMERCEWEST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 472,621,000 | 504,176,000 | 489,358,000 | 616,629,000 |
| Total loans | 326,407,000 | 353,934,000 | 374,571,000 | 374,993,000 |
| Allowance for loan losses | 4,217,000 | 4,332,000 | 4,422,000 | 4,689,000 |
| Securities available for sale | 40,283,000 | 45,805,000 | 45,581,000 | 41,133,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 409,672,000 | 439,276,000 | 418,145,000 | 551,838,000 |
| Interest-bearing deposits | 170,586,000 | 171,151,000 | 182,059,000 | 299,540,000 |
| Noninterest-bearing deposits | 239,086,000 | 268,125,000 | 236,086,000 | 252,298,000 |
| Equity capital | 60,371,000 | 62,009,000 | 62,082,000 | 61,114,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,534,000 | 9,146,000 | 14,069,000 | 19,139,000 |
| Interest expense | 269,000 | 547,000 | 830,000 | 1,124,000 |
| Net interest income | 4,265,000 | 8,599,000 | 13,239,000 | 18,015,000 |
| Noninterest income | 554,000 | 1,248,000 | 1,763,000 | 2,333,000 |
| Noninterest expense | 3,094,000 | 6,004,000 | 9,142,000 | 12,360,000 |
| Provision for loan losses | 25,000 | 100,000 | 175,000 | 225,000 |
| Pretax income | 1,700,000 | 3,743,000 | 5,685,000 | 7,829,000 |
| Income tax | 647,000 | 1,434,000 | 2,174,000 | 2,999,000 |
| Net income | 1,053,000 | 2,309,000 | 3,511,000 | 4,830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,405,000 | 56,797,000 | 57,097,000 | 57,076,000 |
| Total capital | 59,771,000 | 61,299,000 | 61,714,000 | 61,960,000 |
| Risk-weighted assets | 349,042,000 | 376,108,000 | 388,154,000 | 408,126,000 |