Call reports 2009
COMMENCEMENT BANK — 2009
What COMMENCEMENT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 95,009,000 | 99,118,000 | 105,433,000 | 110,788,000 |
| Total loans | 73,711,000 | 81,629,000 | 90,291,000 | 91,424,000 |
| Allowance for loan losses | 1,104,000 | 1,309,000 | 1,351,000 | 1,603,000 |
| Securities available for sale | 5,482,000 | 6,097,000 | 4,977,000 | 4,203,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,987,000 | 75,163,000 | 81,236,000 | 86,395,000 |
| Interest-bearing deposits | 62,024,000 | 66,374,000 | 71,051,000 | 73,800,000 |
| Noninterest-bearing deposits | 8,963,000 | 8,789,000 | 10,185,000 | 12,595,000 |
| Equity capital | 19,343,000 | 19,265,000 | 19,433,000 | 19,674,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 974,000 | 2,134,000 | 3,449,000 | 4,845,000 |
| Interest expense | 310,000 | 613,000 | 899,000 | 1,170,000 |
| Net interest income | 664,000 | 1,521,000 | 2,550,000 | 3,675,000 |
| Noninterest income | 29,000 | 67,000 | 99,000 | 134,000 |
| Noninterest expense | 803,000 | 1,621,000 | 2,451,000 | 3,249,000 |
| Provision for loan losses | 132,000 | 337,000 | 479,000 | 731,000 |
| Pretax income | -242,000 | -370,000 | -232,000 | 55,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -242,000 | -370,000 | -232,000 | 55,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,182,000 | 19,103,000 | 19,290,000 | 19,626,000 |
| Total capital | 20,276,000 | 20,273,000 | 20,536,000 | 20,870,000 |
| Risk-weighted assets | 87,521,000 | 93,498,000 | 99,578,000 | 99,158,000 |