Call report 2024Q1
COMMENCEMENT BANK — 2024Q1
The 22 measures COMMENCEMENT BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 590,269,000 | USD | evidence → |
| Total loans | 446,811,000 | USD | evidence → |
| Allowance for loan losses | 5,242,000 | USD | evidence → |
| Securities available for sale | 97,988,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 535,806,000 | USD | evidence → |
| Interest-bearing deposits | 380,524,000 | USD | evidence → |
| Noninterest-bearing deposits | 155,282,000 | USD | evidence → |
| Equity capital | 49,285,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 6,856,000 | USD | evidence → |
| Interest expense | 2,455,000 | USD | evidence → |
| Net interest income | 4,401,000 | USD | evidence → |
| Noninterest income | 360,000 | USD | evidence → |
| Noninterest expense | 4,396,000 | USD | evidence → |
| Provision for loan losses | -500,000 | USD | evidence → |
| Pretax income | 865,000 | USD | evidence → |
| Income tax | 117,000 | USD | evidence → |
| Net income | 748,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 61,229,000 | USD | evidence → |
| Total capital | 66,707,000 | USD | evidence → |
| Risk-weighted assets | 479,255,000 | USD | evidence → |