Call reports 2006
COMMONWEALTH NATIONAL BANK — 2006
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 59,227,000 | 59,504,000 | 59,588,000 | 62,908,000 |
| Total loans | 26,329,000 | 26,511,000 | 26,212,000 | 26,562,000 |
| Allowance for loan losses | 277,000 | 269,000 | 282,000 | 296,000 |
| Securities available for sale | 23,698,000 | 24,685,000 | 27,981,000 | 27,094,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,822,000 | 55,155,000 | 54,857,000 | 57,990,000 |
| Interest-bearing deposits | 45,891,000 | 46,330,000 | 45,572,000 | 49,134,000 |
| Noninterest-bearing deposits | 8,931,000 | 8,825,000 | 9,285,000 | 8,856,000 |
| Equity capital | 4,049,000 | 4,022,000 | 4,411,000 | 4,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 767,000 | 1,572,000 | 2,413,000 | 3,264,000 |
| Interest expense | 198,000 | 412,000 | 661,000 | 908,000 |
| Net interest income | 569,000 | 1,160,000 | 1,752,000 | 2,356,000 |
| Noninterest income | 152,000 | 327,000 | 503,000 | 690,000 |
| Noninterest expense | 607,000 | 1,204,000 | 1,810,000 | 2,456,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 99,000 | 253,000 | 400,000 | 530,000 |
| Income tax | 35,000 | 89,000 | 140,000 | 152,000 |
| Net income | 64,000 | 164,000 | 260,000 | 378,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,430,000 | 4,403,000 | 4,643,000 | 4,769,000 |
| Total capital | 4,707,000 | 4,672,000 | 4,925,000 | 5,065,000 |
| Risk-weighted assets | 26,695,000 | 28,265,000 | 27,052,000 | 27,950,000 |