Call reports 2010
COMMENCEMENT BANK — 2010
What COMMENCEMENT BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 109,946,000 | 111,013,000 | 120,023,000 | 109,523,000 |
| Total loans | 87,313,000 | 90,388,000 | 90,404,000 | 89,438,000 |
| Allowance for loan losses | 1,643,000 | 2,980,000 | 1,894,000 | 2,348,000 |
| Securities available for sale | 4,602,000 | 4,002,000 | 7,163,000 | 6,724,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,415,000 | 87,760,000 | 98,932,000 | 90,489,000 |
| Interest-bearing deposits | 74,589,000 | 79,239,000 | 88,774,000 | 80,630,000 |
| Noninterest-bearing deposits | 10,826,000 | 8,521,000 | 10,158,000 | 9,859,000 |
| Equity capital | 19,835,000 | 18,586,000 | 18,877,000 | 16,796,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,359,000 | 2,719,000 | 4,059,000 | 5,427,000 |
| Interest expense | 251,000 | 512,000 | 815,000 | 1,121,000 |
| Net interest income | 1,108,000 | 2,207,000 | 3,244,000 | 4,306,000 |
| Noninterest income | 27,000 | 58,000 | 88,000 | 117,000 |
| Noninterest expense | 887,000 | 1,739,000 | 2,612,000 | 3,500,000 |
| Provision for loan losses | 137,000 | 1,734,000 | 1,734,000 | 4,005,000 |
| Pretax income | 116,000 | -1,203,000 | -983,000 | -3,051,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 116,000 | -1,203,000 | -983,000 | -3,051,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,791,000 | 18,520,000 | 18,789,000 | 16,721,000 |
| Total capital | 21,003,000 | 19,769,000 | 20,014,000 | 17,940,000 |
| Risk-weighted assets | 96,558,000 | 98,175,000 | 97,345,000 | 96,346,000 |