Call reports 2023
COMMONWEALTH NATIONAL BANK — 2023
What COMMONWEALTH NATIONAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 65,033,000 | 68,025,000 | 67,069,000 | 66,944,000 |
| Total loans | 24,175,000 | 24,253,000 | 23,663,000 | 23,895,000 |
| Allowance for loan losses | 613,000 | 612,000 | 612,000 | 611,000 |
| Securities available for sale | 28,839,000 | 28,140,000 | 28,137,000 | 29,292,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,005,000 | 62,858,000 | 60,726,000 | 58,868,000 |
| Interest-bearing deposits | 42,232,000 | 45,861,000 | 44,073,000 | 42,386,000 |
| Noninterest-bearing deposits | 17,773,000 | 16,997,000 | 16,653,000 | 16,482,000 |
| Equity capital | 4,878,000 | 5,007,000 | 6,186,000 | 7,918,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 518,000 | 1,054,000 | 1,689,000 | 2,350,000 |
| Interest expense | 30,000 | 71,000 | 125,000 | 186,000 |
| Net interest income | 488,000 | 983,000 | 1,564,000 | 2,164,000 |
| Noninterest income | 84,000 | 789,000 | 2,442,000 | 2,867,000 |
| Noninterest expense | 591,000 | 1,183,000 | 1,815,000 | 2,835,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -19,000 | 589,000 | 2,191,000 | 2,196,000 |
| Income tax | 1,000 | 3,000 | 5,000 | 6,000 |
| Net income | -20,000 | 586,000 | 2,186,000 | 2,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,438,000 | 8,044,000 | 9,644,000 | 10,447,000 |
| Total capital | 7,770,000 | 8,413,000 | 10,004,000 | 10,795,000 |
| Risk-weighted assets | 26,294,000 | 29,296,000 | 28,584,000 | 27,562,000 |