Call reports 2010
COMMONWEALTH NATIONAL BANK — 2010
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 69,925,000 | 67,602,000 | 68,698,000 | 64,188,000 |
| Total loans | 30,721,000 | 30,032,000 | 29,852,000 | 30,736,000 |
| Allowance for loan losses | 449,000 | 461,000 | 461,000 | 474,000 |
| Securities available for sale | 20,163,000 | 18,860,000 | 11,042,000 | 12,964,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,761,000 | 61,179,000 | 62,491,000 | 58,399,000 |
| Interest-bearing deposits | 41,828,000 | 41,491,000 | 42,905,000 | 49,649,000 |
| Noninterest-bearing deposits | 21,933,000 | 19,688,000 | 19,586,000 | 8,750,000 |
| Equity capital | 5,495,000 | 5,698,000 | 5,668,000 | 5,402,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 860,000 | 1,691,000 | 2,397,000 | 3,051,000 |
| Interest expense | 128,000 | 240,000 | 349,000 | 448,000 |
| Net interest income | 732,000 | 1,451,000 | 2,048,000 | 2,603,000 |
| Noninterest income | 179,000 | 322,000 | 473,000 | 620,000 |
| Noninterest expense | 704,000 | 1,468,000 | 2,160,000 | 2,914,000 |
| Provision for loan losses | 53,000 | 80,000 | 397,000 | 425,000 |
| Pretax income | 154,000 | 225,000 | 274,000 | 202,000 |
| Income tax | 61,000 | 83,000 | 0 | -44,000 |
| Net income | 93,000 | 142,000 | 274,000 | 246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,337,000 | 5,376,000 | 5,509,000 | 5,491,000 |
| Total capital | 5,786,000 | 5,837,000 | 5,970,000 | 5,950,000 |
| Risk-weighted assets | 36,859,000 | 36,097,000 | 36,516,000 | 36,712,000 |