Call reports 2002
COMMONWEALTH NATIONAL BANK — 2002
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 41,791,000 | 40,649,000 | 42,925,000 | 45,315,000 |
| Total loans | 19,882,000 | 20,260,000 | 20,354,000 | 20,614,000 |
| Allowance for loan losses | 227,000 | 222,000 | 228,000 | 217,000 |
| Securities available for sale | 14,253,000 | 13,902,000 | 13,206,000 | 15,525,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,284,000 | 36,836,000 | 39,097,000 | 41,504,000 |
| Interest-bearing deposits | 33,531,000 | 30,828,000 | 32,216,000 | 36,022,000 |
| Noninterest-bearing deposits | 4,753,000 | 6,008,000 | 6,881,000 | 5,482,000 |
| Equity capital | 3,297,000 | 3,517,000 | 3,501,000 | 3,587,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 636,000 | 1,280,000 | 1,911,000 | 2,548,000 |
| Interest expense | 142,000 | 276,000 | 401,000 | 523,000 |
| Net interest income | 494,000 | 1,004,000 | 1,510,000 | 2,025,000 |
| Noninterest income | 100,000 | 214,000 | 337,000 | 465,000 |
| Noninterest expense | 490,000 | 968,000 | 1,501,000 | 1,994,000 |
| Provision for loan losses | 11,000 | 24,000 | 39,000 | 69,000 |
| Pretax income | 93,000 | 226,000 | 342,000 | 462,000 |
| Income tax | 31,000 | 79,000 | 120,000 | 181,000 |
| Net income | 62,000 | 147,000 | 222,000 | 281,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,107,000 | 3,128,000 | 3,230,000 | 3,406,000 |
| Total capital | 3,334,000 | 3,350,000 | 3,458,000 | 3,623,000 |
| Risk-weighted assets | 19,543,000 | 19,587,000 | 20,007,000 | 20,571,000 |