Call reports 2016
COMMENCEMENT BANK — 2016
What COMMENCEMENT BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 177,172,000 | 189,624,000 | 206,579,000 | 343,536,000 |
| Total loans | 151,724,000 | 149,026,000 | 159,523,000 | 232,656,000 |
| Allowance for loan losses | 1,940,000 | 1,975,000 | 1,994,000 | 1,997,000 |
| Securities available for sale | 3,298,000 | 3,199,000 | 3,064,000 | 8,113,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,456,000 | 162,383,000 | 178,975,000 | 300,106,000 |
| Interest-bearing deposits | 120,737,000 | 127,697,000 | 140,737,000 | 218,775,000 |
| Noninterest-bearing deposits | 29,720,000 | 34,685,000 | 38,238,000 | 81,332,000 |
| Equity capital | 22,838,000 | 23,208,000 | 23,332,000 | 35,349,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,877,000 | 3,936,000 | 5,913,000 | 8,844,000 |
| Interest expense | 187,000 | 377,000 | 576,000 | 871,000 |
| Net interest income | 1,690,000 | 3,559,000 | 5,337,000 | 7,973,000 |
| Noninterest income | 99,000 | 208,000 | 299,000 | 563,000 |
| Noninterest expense | 1,367,000 | 2,792,000 | 4,491,000 | 6,705,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 422,000 | 975,000 | 1,145,000 | 1,831,000 |
| Income tax | 150,000 | 369,000 | 424,000 | 643,000 |
| Net income | 272,000 | 606,000 | 721,000 | 1,188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,400,000 | 22,796,000 | 22,916,000 | 33,572,000 |
| Total capital | 24,405,000 | 24,833,000 | 24,975,000 | 35,648,000 |
| Risk-weighted assets | 162,079,000 | 162,753,000 | 172,786,000 | 260,925,000 |