Call reports 2020
COMMERCEWEST BANK — 2020
What COMMERCEWEST BANK 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 | 637,192,000 | 912,426,000 | 937,741,000 | 1,320,462,000 |
| Total loans | 454,916,000 | 611,293,000 | 614,432,000 | 591,433,000 |
| Allowance for loan losses | 7,473,000 | 7,288,000 | 8,543,000 | 9,358,000 |
| Securities available for sale | 69,971,000 | 68,910,000 | 71,755,000 | 76,769,000 |
| Securities held to maturity | 0 | 0 | 0 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 567,122,000 | 841,539,000 | 865,721,000 | 1,242,481,000 |
| Interest-bearing deposits | 259,860,000 | 392,919,000 | 399,420,000 | 604,534,000 |
| Noninterest-bearing deposits | 307,262,000 | 448,620,000 | 466,301,000 | 637,947,000 |
| Equity capital | 63,612,000 | 64,211,000 | 65,635,000 | 70,208,000 |
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 | 6,251,000 | 12,818,000 | 19,475,000 | 27,909,000 |
| Interest expense | 769,000 | 1,199,000 | 1,560,000 | 1,896,000 |
| Net interest income | 5,482,000 | 11,619,000 | 17,915,000 | 26,013,000 |
| Noninterest income | 1,149,000 | 2,086,000 | 3,246,000 | 7,281,000 |
| Noninterest expense | 3,289,000 | 6,546,000 | 10,038,000 | 14,440,000 |
| Provision for loan losses | 2,143,000 | 4,593,000 | 5,843,000 | 6,593,000 |
| Pretax income | 1,199,000 | 2,552,000 | 5,266,000 | 12,247,000 |
| Income tax | 76,000 | 412,000 | 1,151,000 | 3,156,000 |
| Net income | 1,123,000 | 2,140,000 | 4,115,000 | 9,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,071,000 | 57,862,000 | 59,063,000 | 63,356,000 |
| Total capital | 64,332,000 | 64,264,000 | 65,545,000 | 70,362,000 |
| Risk-weighted assets | 499,479,000 | 511,061,000 | 516,308,000 | 557,963,000 |