Call reports 2024
COMMERCEWEST BANK — 2024
What COMMERCEWEST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,099,243,000 | 1,129,276,000 | 1,175,298,000 | 1,489,767,000 |
| Total loans | 717,692,000 | 716,954,000 | 752,003,000 | 793,075,000 |
| Allowance for loan losses | 11,562,000 | 11,489,000 | 11,494,000 | 11,489,000 |
| Securities available for sale | 110,658,000 | 121,226,000 | 126,949,000 | 136,912,000 |
| Securities held to maturity | 42,434,000 | 35,893,000 | 31,365,000 | 29,337,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 963,325,000 | 991,165,000 | 1,033,293,000 | 1,349,575,000 |
| Interest-bearing deposits | 592,285,000 | 698,480,000 | 728,244,000 | 983,233,000 |
| Noninterest-bearing deposits | 371,040,000 | 292,685,000 | 305,049,000 | 366,342,000 |
| Equity capital | 122,810,000 | 125,089,000 | 128,827,000 | 127,167,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 12,242,000 | 25,585,000 | 39,441,000 | 54,189,000 |
| Interest expense | 4,167,000 | 9,056,000 | 14,531,000 | 19,786,000 |
| Net interest income | 8,075,000 | 16,529,000 | 24,910,000 | 34,403,000 |
| Noninterest income | 1,208,000 | 2,427,000 | 4,154,000 | 6,166,000 |
| Noninterest expense | 4,516,000 | 9,242,000 | 14,348,000 | 19,819,000 |
| Provision for loan losses | 0 | 0 | 0 | 125,000 |
| Pretax income | 4,767,000 | 9,714,000 | 14,716,000 | 20,725,000 |
| Income tax | 1,333,000 | 2,747,000 | 4,180,000 | 5,811,000 |
| Net income | 3,434,000 | 6,967,000 | 10,536,000 | 14,914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 129,369,000 | 131,735,000 | 132,843,000 | 134,063,000 |
| Total capital | 138,342,000 | 140,713,000 | 142,388,000 | 144,139,000 |
| Risk-weighted assets | 715,049,000 | 715,435,000 | 761,419,000 | 804,445,000 |