Call reports 2006
COMMENCEMENT BANK — 2006
What COMMENCEMENT BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q4 |
|---|---|
| Total assets | 17,923,000 |
| Total loans | 516,000 |
| Allowance for loan losses | 8,000 |
| Securities available for sale | 0 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 2,148,000 |
| Interest-bearing deposits | 1,223,000 |
| Noninterest-bearing deposits | 925,000 |
| Equity capital | 15,679,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q4 |
|---|---|
| Interest income | 48,000 |
| Interest expense | 1,000 |
| Net interest income | 47,000 |
| Noninterest income | 0 |
| Noninterest expense | 845,000 |
| Provision for loan losses | 8,000 |
| Pretax income | -806,000 |
| Income tax | 0 |
| Net income | -806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q4 |
|---|---|
| Tier 1 capital | 15,679,000 |
| Total capital | 15,687,000 |
| Risk-weighted assets | 4,988,000 |