Call reports 2009
COMMONWEALTH NATIONAL BANK — 2009
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 74,625,000 | 75,515,000 | 65,639,000 | 70,108,000 |
| Total loans | 29,874,000 | 29,823,000 | 29,344,000 | 30,322,000 |
| Allowance for loan losses | 336,000 | 422,000 | 429,000 | 406,000 |
| Securities available for sale | 25,338,000 | 21,379,000 | 20,570,000 | 21,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,303,000 | 69,201,000 | 58,786,000 | 63,606,000 |
| Interest-bearing deposits | 58,910,000 | 66,000 | 41,293,000 | 40,186,000 |
| Noninterest-bearing deposits | 9,393,000 | 69,136,000 | 17,493,000 | 23,421,000 |
| Equity capital | 5,789,000 | 5,665,000 | 6,116,000 | 5,949,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 912,000 | 1,728,000 | 2,563,000 | 3,371,000 |
| Interest expense | 260,000 | 479,000 | 678,000 | 845,000 |
| Net interest income | 652,000 | 1,249,000 | 1,885,000 | 2,526,000 |
| Noninterest income | 182,000 | 437,000 | 638,000 | 871,000 |
| Noninterest expense | 663,000 | 1,401,000 | 2,241,000 | 3,038,000 |
| Provision for loan losses | 15,000 | 126,000 | 140,000 | 163,000 |
| Pretax income | 156,000 | 159,000 | 142,000 | 196,000 |
| Income tax | 0 | 86,000 | 0 | -35,000 |
| Net income | 156,000 | 73,000 | 142,000 | 231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,748,000 | 5,647,000 | 5,723,000 | 5,813,000 |
| Total capital | 6,084,000 | 6,069,000 | 6,152,000 | 6,219,000 |
| Risk-weighted assets | 37,632,000 | 35,338,000 | 35,359,000 | 36,597,000 |