Call reports 2008
COMMERCE BANK OF OREGON, THE — 2008
What COMMERCE BANK OF OREGON, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 42,199,000 | 53,206,000 | 50,652,000 | 56,125,000 |
| Total loans | 32,487,000 | 42,340,000 | 43,467,000 | 46,012,000 |
| Allowance for loan losses | 608,000 | 649,000 | 771,000 | 1,075,000 |
| Securities available for sale | 3,549,000 | 3,539,000 | 3,205,000 | 4,079,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,647,000 | 32,639,000 | 31,583,000 | 35,402,000 |
| Interest-bearing deposits | 18,014,000 | 25,129,000 | 15,962,000 | 21,894,000 |
| Noninterest-bearing deposits | 4,633,000 | 7,510,000 | 15,621,000 | 13,509,000 |
| Equity capital | 17,935,000 | 17,733,000 | 17,487,000 | 17,118,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 620,000 | 1,264,000 | 1,874,000 | 2,528,000 |
| Interest expense | 156,000 | 284,000 | 426,000 | 568,000 |
| Net interest income | 464,000 | 980,000 | 1,448,000 | 1,960,000 |
| Noninterest income | 28,000 | 93,000 | 142,000 | 264,000 |
| Noninterest expense | 826,000 | 1,764,000 | 2,664,000 | 3,540,000 |
| Provision for loan losses | 144,000 | 185,000 | 307,000 | 752,000 |
| Pretax income | -478,000 | -876,000 | -1,381,000 | -2,068,000 |
| Income tax | -219,000 | -374,000 | -575,000 | -845,000 |
| Net income | -259,000 | -502,000 | -806,000 | -1,223,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,999,000 | 16,791,000 | 16,523,000 | 16,159,000 |
| Total capital | 17,466,000 | 17,404,000 | 17,149,000 | 16,859,000 |
| Risk-weighted assets | 37,181,000 | 48,992,000 | 50,121,000 | 55,724,000 |