Call reports 2015
COMMENCEMENT BANK — 2015
What COMMENCEMENT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 175,432,000 | 177,186,000 | 190,835,000 | 179,081,000 |
| Total loans | 139,350,000 | 146,554,000 | 147,593,000 | 145,086,000 |
| Allowance for loan losses | 1,851,000 | 1,851,000 | 1,851,000 | 1,962,000 |
| Securities available for sale | 1,819,000 | 1,701,000 | 3,539,000 | 3,387,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,955,000 | 151,392,000 | 164,615,000 | 152,629,000 |
| Interest-bearing deposits | 121,103,000 | 120,634,000 | 131,062,000 | 124,328,000 |
| Noninterest-bearing deposits | 28,852,000 | 30,758,000 | 33,553,000 | 28,301,000 |
| Equity capital | 21,762,000 | 21,948,000 | 22,201,000 | 22,539,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,695,000 | 3,461,000 | 5,308,000 | 7,131,000 |
| Interest expense | 184,000 | 373,000 | 569,000 | 759,000 |
| Net interest income | 1,511,000 | 3,088,000 | 4,739,000 | 6,372,000 |
| Noninterest income | 160,000 | 268,000 | 390,000 | 492,000 |
| Noninterest expense | 1,329,000 | 2,658,000 | 4,066,000 | 5,333,000 |
| Provision for loan losses | 0 | -121,000 | -121,000 | -121,000 |
| Pretax income | 343,000 | 820,000 | 1,185,000 | 1,653,000 |
| Income tax | 117,000 | 256,000 | 382,000 | 511,000 |
| Net income | 226,000 | 564,000 | 803,000 | 1,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,370,000 | 21,574,000 | 21,798,000 | 22,118,000 |
| Total capital | 23,216,000 | 23,490,000 | 23,714,000 | 24,024,000 |
| Risk-weighted assets | 147,708,000 | 158,811,000 | 154,323,000 | 152,123,000 |