Call reports 2017
COMMENCEMENT BANK — 2017
What COMMENCEMENT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 334,739,000 | 332,178,000 | 321,267,000 | 327,994,000 |
| Total loans | 234,491,000 | 243,506,000 | 256,664,000 | 254,725,000 |
| Allowance for loan losses | 2,092,000 | 2,178,000 | 2,273,000 | 2,668,000 |
| Securities available for sale | 9,957,000 | 11,748,000 | 15,604,000 | 14,641,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,226,000 | 288,590,000 | 273,854,000 | 283,875,000 |
| Interest-bearing deposits | 228,313,000 | 188,988,000 | 185,984,000 | 189,239,000 |
| Noninterest-bearing deposits | 62,913,000 | 99,602,000 | 87,870,000 | 94,636,000 |
| Equity capital | 35,926,000 | 36,650,000 | 37,551,000 | 37,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,288,000 | 6,750,000 | 10,412,000 | 14,256,000 |
| Interest expense | 302,000 | 600,000 | 884,000 | 1,164,000 |
| Net interest income | 2,986,000 | 6,150,000 | 9,528,000 | 13,092,000 |
| Noninterest income | 154,000 | 325,000 | 485,000 | 642,000 |
| Noninterest expense | 2,212,000 | 4,454,000 | 6,528,000 | 8,523,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 660,000 |
| Pretax income | 838,000 | 1,841,000 | 3,215,000 | 4,551,000 |
| Income tax | 269,000 | 603,000 | 1,052,000 | 2,449,000 |
| Net income | 569,000 | 1,238,000 | 2,163,000 | 2,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,905,000 | 34,608,000 | 35,567,000 | 35,548,000 |
| Total capital | 36,075,000 | 36,899,000 | 37,983,000 | 38,385,000 |
| Risk-weighted assets | 241,602,000 | 242,742,000 | 258,397,000 | 261,571,000 |