Call reports 2013
COMMENCEMENT BANK — 2013
What COMMENCEMENT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 137,485,000 | 140,462,000 | 145,544,000 | 170,637,000 |
| Total loans | 113,665,000 | 114,114,000 | 119,850,000 | 128,124,000 |
| Allowance for loan losses | 2,019,000 | 1,793,000 | 1,732,000 | 1,732,000 |
| Securities available for sale | 5,123,000 | 5,405,000 | 4,894,000 | 4,622,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,519,000 | 117,075,000 | 121,695,000 | 146,724,000 |
| Interest-bearing deposits | 101,920,000 | 101,966,000 | 101,900,000 | 126,064,000 |
| Noninterest-bearing deposits | 15,599,000 | 15,109,000 | 19,795,000 | 20,660,000 |
| Equity capital | 19,522,000 | 19,685,000 | 20,077,000 | 20,554,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,442,000 | 2,929,000 | 4,424,000 | 6,025,000 |
| Interest expense | 187,000 | 359,000 | 529,000 | 693,000 |
| Net interest income | 1,255,000 | 2,570,000 | 3,895,000 | 5,332,000 |
| Noninterest income | 65,000 | -164,000 | -86,000 | 10,000 |
| Noninterest expense | 1,089,000 | 2,165,000 | 3,351,000 | 4,477,000 |
| Provision for loan losses | 0 | 0 | 0 | 15,000 |
| Pretax income | 231,000 | 241,000 | 458,000 | 850,000 |
| Income tax | -170,000 | -340,000 | -510,000 | -602,000 |
| Net income | 401,000 | 581,000 | 968,000 | 1,452,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,475,000 | 19,386,000 | 19,710,000 | 20,251,000 |
| Total capital | 20,901,000 | 20,816,000 | 21,212,000 | 21,839,000 |
| Risk-weighted assets | 113,407,000 | 113,964,000 | 119,926,000 | 126,851,000 |