Call reports 2011
COMMENCEMENT BANK — 2011
What COMMENCEMENT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 119,652,000 | 120,406,000 | 127,540,000 | 130,132,000 |
| Total loans | 96,735,000 | 95,888,000 | 98,084,000 | 105,715,000 |
| Allowance for loan losses | 2,453,000 | 2,513,000 | 2,484,000 | 2,524,000 |
| Securities available for sale | 7,700,000 | 7,464,000 | 8,714,000 | 8,131,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,560,000 | 101,067,000 | 108,024,000 | 110,432,000 |
| Interest-bearing deposits | 87,876,000 | 89,733,000 | 98,370,000 | 98,705,000 |
| Noninterest-bearing deposits | 12,684,000 | 11,334,000 | 9,654,000 | 11,727,000 |
| Equity capital | 16,857,000 | 17,138,000 | 17,288,000 | 17,468,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,346,000 | 2,776,000 | 4,199,000 | 5,680,000 |
| Interest expense | 273,000 | 552,000 | 823,000 | 1,094,000 |
| Net interest income | 1,073,000 | 2,224,000 | 3,376,000 | 4,586,000 |
| Noninterest income | 31,000 | 67,000 | 102,000 | 140,000 |
| Noninterest expense | 977,000 | 1,924,000 | 2,866,000 | 3,881,000 |
| Provision for loan losses | 105,000 | 165,000 | 225,000 | 265,000 |
| Pretax income | 22,000 | 202,000 | 387,000 | 580,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 22,000 | 202,000 | 387,000 | 580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,784,000 | 17,006,000 | 17,231,000 | 17,462,000 |
| Total capital | 18,027,000 | 18,244,000 | 18,499,000 | 18,798,000 |
| Risk-weighted assets | 98,179,000 | 97,682,000 | 100,165,000 | 105,605,000 |