Call reports 2001
COMMERCE BANK/SHORE NATIONAL ASSOCIATION — 2001
What COMMERCE BANK/SHORE NATIONAL ASSOCIATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 1,315,763,000 | 1,366,234,000 | 1,508,684,000 | 1,585,196,000 |
| Total loans | 506,492,000 | 534,731,000 | 552,205,000 | 583,325,000 |
| Allowance for loan losses | 6,586,000 | 6,800,000 | 7,269,000 | 7,631,000 |
| Securities available for sale | 387,547,000 | 343,940,000 | 349,016,000 | 353,113,000 |
| Securities held to maturity | 233,713,000 | 222,463,000 | 209,386,000 | 192,691,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,217,558,000 | 1,269,473,000 | 1,406,115,000 | 1,480,500,000 |
| Interest-bearing deposits | 1,074,099,000 | 1,138,273,000 | 1,280,129,000 | 1,343,931,000 |
| Noninterest-bearing deposits | 143,459,000 | 131,200,000 | 125,986,000 | 136,569,000 |
| Equity capital | 76,636,000 | 82,809,000 | 94,253,000 | 97,844,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 20,651,000 | 42,204,000 | 63,870,000 | 85,363,000 |
| Interest expense | 7,917,000 | 15,234,000 | 22,160,000 | 28,362,000 |
| Net interest income | 12,734,000 | 26,970,000 | 41,710,000 | 57,001,000 |
| Noninterest income | 2,755,000 | 6,024,000 | 9,070,000 | 12,392,000 |
| Noninterest expense | 8,315,000 | 16,660,000 | 26,064,000 | 35,910,000 |
| Provision for loan losses | 370,000 | 790,000 | 1,211,000 | 1,631,000 |
| Pretax income | 6,976,000 | 15,716,000 | 23,764,000 | 32,024,000 |
| Income tax | 2,404,000 | 5,420,000 | 8,195,000 | 11,044,000 |
| Net income | 4,572,000 | 10,296,000 | 15,569,000 | 20,980,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,393,000 | 81,816,000 | 88,090,000 | 94,154,000 |
| Total capital | 80,979,000 | 88,616,000 | 95,359,000 | 101,785,000 |
| Risk-weighted assets | 670,606,000 | 717,332,000 | 770,350,000 | 790,827,000 |