Call reports 2020
COMMONWEALTH NATIONAL BANK — 2020
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 47,448,000 | 50,583,000 | 54,627,000 | 54,519,000 |
| Total loans | 15,349,000 | 15,573,000 | 20,384,000 | 20,932,000 |
| Allowance for loan losses | 436,000 | 426,000 | 447,000 | 502,000 |
| Securities available for sale | 16,095,000 | 16,150,000 | 15,946,000 | 15,302,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,322,000 | 45,466,000 | 49,631,000 | 49,242,000 |
| Interest-bearing deposits | 33,503,000 | 32,500,000 | 22,504,000 | 22,759,000 |
| Noninterest-bearing deposits | 8,819,000 | 12,966,000 | 27,126,000 | 26,483,000 |
| Equity capital | 4,941,000 | 4,882,000 | 4,739,000 | 4,866,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 357,000 | 691,000 | 1,035,000 | 1,384,000 |
| Interest expense | 21,000 | 43,000 | 58,000 | 73,000 |
| Net interest income | 336,000 | 648,000 | 977,000 | 1,311,000 |
| Noninterest income | 63,000 | 111,000 | 183,000 | 248,000 |
| Noninterest expense | 601,000 | 1,114,000 | 1,633,000 | 2,118,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 30,000 |
| Pretax income | -202,000 | -354,000 | -492,000 | -590,000 |
| Income tax | 2,000 | 3,000 | 2,000 | 2,000 |
| Net income | -204,000 | -357,000 | -494,000 | -592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,863,000 | 4,709,000 | 4,572,000 | 4,625,000 |
| Total capital | 5,012,000 | 4,890,000 | 4,808,000 | 4,883,000 |
| Risk-weighted assets | 11,596,000 | 14,214,000 | 18,684,000 | 20,394,000 |