Call reports 2004
COMMONWEALTH NATIONAL BANK — 2004
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 50,251,000 | 48,662,000 | 52,704,000 | 53,566,000 |
| Total loans | 19,992,000 | 19,650,000 | 20,305,000 | 24,587,000 |
| Allowance for loan losses | 263,000 | 257,000 | 275,000 | 247,000 |
| Securities available for sale | 19,337,000 | 18,866,000 | 20,846,000 | 21,429,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,100,000 | 44,771,000 | 48,453,000 | 49,331,000 |
| Interest-bearing deposits | 39,259,000 | 38,088,000 | 40,459,000 | 40,658,000 |
| Noninterest-bearing deposits | 6,841,000 | 6,683,000 | 7,993,000 | 8,673,000 |
| Equity capital | 3,834,000 | 3,601,000 | 3,898,000 | 3,903,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 610,000 | 1,209,000 | 1,832,000 | 2,512,000 |
| Interest expense | 80,000 | 160,000 | 254,000 | 361,000 |
| Net interest income | 530,000 | 1,049,000 | 1,578,000 | 2,151,000 |
| Noninterest income | 145,000 | 301,000 | 470,000 | 612,000 |
| Noninterest expense | 533,000 | 1,079,000 | 1,609,000 | 2,157,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 70,000 |
| Pretax income | 127,000 | 241,000 | 394,000 | 536,000 |
| Income tax | 51,000 | 98,000 | 159,000 | 217,000 |
| Net income | 76,000 | 143,000 | 235,000 | 319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,755,000 | 3,822,000 | 3,914,000 | 3,997,000 |
| Total capital | 4,018,000 | 4,079,000 | 4,189,000 | 4,244,000 |
| Risk-weighted assets | 21,588,000 | 21,569,000 | 22,890,000 | 24,393,000 |