Call reports 2011
COMMONWEALTH NATIONAL BANK — 2011
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 64,541,000 | 67,342,000 | 67,983,000 | 65,062,000 |
| Total loans | 29,772,000 | 29,241,000 | 29,731,000 | 29,727,000 |
| Allowance for loan losses | 458,000 | 487,000 | 516,000 | 527,000 |
| Securities available for sale | 19,473,000 | 24,473,000 | 20,840,000 | 23,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,654,000 | 60,728,000 | 61,473,000 | 59,011,000 |
| Interest-bearing deposits | 29,799,000 | 40,385,000 | 52,385,000 | 50,442,000 |
| Noninterest-bearing deposits | 28,855,000 | 20,344,000 | 9,087,000 | 8,569,000 |
| Equity capital | 5,475,000 | 5,727,000 | 5,980,000 | 5,707,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 717,000 | 1,416,000 | 2,151,000 | 2,846,000 |
| Interest expense | 94,000 | 167,000 | 237,000 | 302,000 |
| Net interest income | 623,000 | 1,249,000 | 1,914,000 | 2,544,000 |
| Noninterest income | 144,000 | 281,000 | 443,000 | 668,000 |
| Noninterest expense | 738,000 | 1,533,000 | 2,340,000 | 3,469,000 |
| Provision for loan losses | 28,000 | 55,000 | 243,000 | 346,000 |
| Pretax income | 1,000 | 68,000 | 271,000 | 52,000 |
| Income tax | 0 | 23,000 | 0 | 0 |
| Net income | 1,000 | 45,000 | 271,000 | 52,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,494,000 | 5,539,000 | 5,766,000 | 5,545,000 |
| Total capital | 5,952,000 | 6,022,000 | 6,164,000 | 6,030,000 |
| Risk-weighted assets | 36,549,000 | 37,898,000 | 36,060,000 | 38,037,000 |