Call reports 2025
COMMENCEMENT BANK — 2025
What COMMENCEMENT BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 643,820,000 | 681,488,000 | 676,144,000 | 683,058,000 |
| Total loans | 474,040,000 | 511,939,000 | 512,316,000 | 524,350,000 |
| Allowance for loan losses | 5,731,000 | 6,143,000 | 6,327,000 | 6,292,000 |
| Securities available for sale | 89,857,000 | 87,566,000 | 84,788,000 | 82,845,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 579,559,000 | 599,944,000 | 606,065,000 | 610,362,000 |
| Interest-bearing deposits | 410,979,000 | 436,833,000 | 436,257,000 | 431,271,000 |
| Noninterest-bearing deposits | 168,580,000 | 163,111,000 | 169,808,000 | 179,091,000 |
| Equity capital | 53,219,000 | 54,252,000 | 57,467,000 | 59,966,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 7,902,000 | 16,321,000 | 25,574,000 | 34,724,000 |
| Interest expense | 2,167,000 | 4,504,000 | 6,934,000 | 9,194,000 |
| Net interest income | 5,735,000 | 11,817,000 | 18,640,000 | 25,530,000 |
| Noninterest income | 365,000 | 942,000 | 1,419,000 | 1,943,000 |
| Noninterest expense | 4,363,000 | 8,835,000 | 13,546,000 | 18,177,000 |
| Provision for loan losses | 107,000 | 435,000 | 618,000 | 831,000 |
| Pretax income | 1,649,000 | 3,491,000 | 5,820,000 | 8,353,000 |
| Income tax | 322,000 | 681,000 | 1,142,000 | 1,637,000 |
| Net income | 1,327,000 | 2,810,000 | 4,678,000 | 6,716,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,478,000 | 63,729,000 | 65,391,000 | 67,601,000 |
| Total capital | 68,477,000 | 70,157,000 | 72,080,000 | 74,292,000 |
| Risk-weighted assets | 507,157,000 | 546,579,000 | 544,631,000 | 557,072,000 |