Call reports 2012
COMMENCEMENT BANK — 2012
What COMMENCEMENT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 128,872,000 | 135,301,000 | 139,126,000 | 145,592,000 |
| Total loans | 107,125,000 | 105,416,000 | 99,133,000 | 110,313,000 |
| Allowance for loan losses | 2,554,000 | 2,363,000 | 2,494,000 | 2,064,000 |
| Securities available for sale | 7,253,000 | 6,340,000 | 6,751,000 | 5,657,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,006,000 | 115,369,000 | 118,903,000 | 124,040,000 |
| Interest-bearing deposits | 96,437,000 | 103,514,000 | 106,969,000 | 111,902,000 |
| Noninterest-bearing deposits | 12,569,000 | 11,855,000 | 11,934,000 | 12,138,000 |
| Equity capital | 17,550,000 | 17,709,000 | 17,921,000 | 19,132,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,498,000 | 2,950,000 | 4,393,000 | 5,790,000 |
| Interest expense | 263,000 | 499,000 | 749,000 | 975,000 |
| Net interest income | 1,235,000 | 2,451,000 | 3,644,000 | 4,815,000 |
| Noninterest income | 38,000 | 76,000 | 119,000 | 170,000 |
| Noninterest expense | 1,219,000 | 2,285,000 | 3,311,000 | 4,345,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | -800,000 |
| Pretax income | 24,000 | 182,000 | 392,000 | 1,440,000 |
| Income tax | 0 | 0 | 0 | -170,000 |
| Net income | 24,000 | 182,000 | 392,000 | 1,610,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,491,000 | 17,653,000 | 17,868,000 | 19,091,000 |
| Total capital | 18,884,000 | 19,039,000 | 19,213,000 | 20,544,000 |
| Risk-weighted assets | 110,256,000 | 109,842,000 | 106,382,000 | 115,576,000 |