Call reports 2003
COMMONWEALTH NATIONAL BANK — 2003
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 46,713,000 | 46,647,000 | 47,903,000 | 46,635,000 |
| Total loans | 19,704,000 | 19,301,000 | 20,027,000 | 20,097,000 |
| Allowance for loan losses | 241,000 | 229,000 | 243,000 | 265,000 |
| Securities available for sale | 16,212,000 | 16,667,000 | 17,378,000 | 17,458,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,839,000 | 42,744,000 | 44,070,000 | 42,704,000 |
| Interest-bearing deposits | 37,303,000 | 36,908,000 | 38,643,000 | 36,867,000 |
| Noninterest-bearing deposits | 5,536,000 | 5,836,000 | 5,427,000 | 5,837,000 |
| Equity capital | 3,643,000 | 3,711,000 | 3,654,000 | 3,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 624,000 | 1,204,000 | 1,806,000 | 2,410,000 |
| Interest expense | 103,000 | 201,000 | 289,000 | 373,000 |
| Net interest income | 521,000 | 1,003,000 | 1,517,000 | 2,037,000 |
| Noninterest income | 133,000 | 363,000 | 506,000 | 666,000 |
| Noninterest expense | 476,000 | 985,000 | 1,496,000 | 2,022,000 |
| Provision for loan losses | 25,000 | 118,000 | 133,000 | 148,000 |
| Pretax income | 170,000 | 280,000 | 438,000 | 577,000 |
| Income tax | 69,000 | 114,000 | 177,000 | 226,000 |
| Net income | 101,000 | 166,000 | 261,000 | 351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,500,000 | 3,545,000 | 3,641,000 | 3,729,000 |
| Total capital | 3,741,000 | 3,774,000 | 3,884,000 | 3,992,000 |
| Risk-weighted assets | 20,487,000 | 20,466,000 | 21,273,000 | 21,015,000 |