Call reports 2013
COMMONWEALTH NATIONAL BANK — 2013
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 61,830,000 | 64,221,000 | 59,447,000 | 59,613,000 |
| Total loans | 26,642,000 | 26,306,000 | 25,552,000 | 24,865,000 |
| Allowance for loan losses | 699,000 | 767,000 | 804,000 | 1,108,000 |
| Securities available for sale | 24,238,000 | 25,160,000 | 22,709,000 | 24,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,485,000 | 59,000,000 | 53,743,000 | 55,032,000 |
| Interest-bearing deposits | 45,493,000 | 44,681,000 | 43,234,000 | 42,896,000 |
| Noninterest-bearing deposits | 9,992,000 | 14,319,000 | 10,509,000 | 12,135,000 |
| Equity capital | 5,764,000 | 4,999,000 | 5,239,000 | 4,409,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 632,000 | 1,285,000 | 1,893,000 | 2,502,000 |
| Interest expense | 24,000 | 45,000 | 65,000 | 84,000 |
| Net interest income | 608,000 | 1,240,000 | 1,828,000 | 2,418,000 |
| Noninterest income | 121,000 | 276,000 | 444,000 | 523,000 |
| Noninterest expense | 762,000 | 1,480,000 | 2,303,000 | 3,172,000 |
| Provision for loan losses | 141,000 | 204,000 | 244,000 | 646,000 |
| Pretax income | -174,000 | -168,000 | -115,000 | -699,000 |
| Income tax | 0 | 8,000 | 0 | 0 |
| Net income | -174,000 | -176,000 | -115,000 | -699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,529,000 | 5,527,000 | 5,588,000 | 4,889,000 |
| Total capital | 6,037,000 | 6,053,000 | 6,083,000 | 5,321,000 |
| Risk-weighted assets | 39,721,000 | 41,688,000 | 39,489,000 | 33,805,000 |