Call reports 2007
COMMONWEALTH NATIONAL BANK — 2007
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 56,676,000 | 61,167,000 | 58,139,000 | 66,145,000 |
| Total loans | 26,811,000 | 27,682,000 | 28,904,000 | 30,119,000 |
| Allowance for loan losses | 290,000 | 300,000 | 304,000 | 326,000 |
| Securities available for sale | 26,550,000 | 26,407,000 | 25,146,000 | 25,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,697,000 | 55,273,000 | 52,907,000 | 60,603,000 |
| Interest-bearing deposits | 41,975,000 | 45,356,000 | 44,331,000 | 52,769,000 |
| Noninterest-bearing deposits | 9,722,000 | 9,917,000 | 8,576,000 | 7,834,000 |
| Equity capital | 4,624,000 | 4,450,000 | 4,828,000 | 5,102,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 856,000 | 1,713,000 | 2,615,000 | 3,550,000 |
| Interest expense | 290,000 | 586,000 | 917,000 | 1,267,000 |
| Net interest income | 566,000 | 1,127,000 | 1,698,000 | 2,283,000 |
| Noninterest income | 183,000 | 383,000 | 607,000 | 848,000 |
| Noninterest expense | 620,000 | 1,291,000 | 1,900,000 | 2,565,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 70,000 |
| Pretax income | 118,000 | 193,000 | 364,000 | 500,000 |
| Income tax | 41,000 | 68,000 | 128,000 | 103,000 |
| Net income | 77,000 | 125,000 | 236,000 | 397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,805,000 | 4,865,000 | 4,985,000 | 5,152,000 |
| Total capital | 5,095,000 | 5,165,000 | 5,289,000 | 5,478,000 |
| Risk-weighted assets | 27,068,000 | 28,967,000 | 29,138,000 | 31,878,000 |