Call reports 2023
COMMERCEWEST BANK — 2023
What COMMERCEWEST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,137,935,000 | 1,182,348,000 | 1,059,794,000 | 1,301,979,000 |
| Total loans | 765,938,000 | 747,272,000 | 734,016,000 | 724,444,000 |
| Allowance for loan losses | 10,967,000 | 11,042,000 | 11,530,000 | 11,533,000 |
| Securities available for sale | 104,682,000 | 102,354,000 | 100,164,000 | 110,809,000 |
| Securities held to maturity | 51,579,000 | 51,542,000 | 51,503,000 | 51,466,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,005,220,000 | 1,045,502,000 | 929,058,000 | 1,164,592,000 |
| Interest-bearing deposits | 421,278,000 | 431,494,000 | 376,502,000 | 824,126,000 |
| Noninterest-bearing deposits | 583,942,000 | 614,008,000 | 552,556,000 | 340,466,000 |
| Equity capital | 117,779,000 | 118,864,000 | 117,285,000 | 123,277,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 12,003,000 | 25,517,000 | 39,222,000 | 52,185,000 |
| Interest expense | 1,672,000 | 4,313,000 | 6,886,000 | 14,532,000 |
| Net interest income | 10,331,000 | 21,204,000 | 32,336,000 | 37,653,000 |
| Noninterest income | 1,419,000 | 3,081,000 | 4,998,000 | 6,547,000 |
| Noninterest expense | 4,742,000 | 10,648,000 | 17,333,000 | 18,623,000 |
| Provision for loan losses | 75,000 | 150,000 | -1,350,000 | -1,350,000 |
| Pretax income | 6,767,000 | 13,297,000 | 21,161,000 | 26,737,000 |
| Income tax | 1,718,000 | 3,594,000 | 5,791,000 | 7,391,000 |
| Net income | 5,049,000 | 9,703,000 | 15,370,000 | 19,346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,922,000 | 126,629,000 | 128,334,000 | 129,121,000 |
| Total capital | 133,996,000 | 135,480,000 | 137,057,000 | 138,151,000 |
| Risk-weighted assets | 723,811,000 | 705,708,000 | 694,824,000 | 719,723,000 |