Call reports 2020
BANK OF COMMERCE & TRUST COMPANY — 2020
What BANK OF COMMERCE & TRUST COMPANY 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 | 327,838,000 | 356,629,000 | 357,464,000 | 400,672,000 |
| Total loans | 80,222,000 | 92,200,000 | 89,387,000 | 83,299,000 |
| Allowance for loan losses | 866,000 | 940,000 | 984,000 | 578,000 |
| Securities available for sale | 230,498,000 | 250,744,000 | 255,224,000 | 304,193,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 277,510,000 | 297,460,000 | 300,302,000 | 348,180,000 |
| Interest-bearing deposits | 176,923,000 | 181,447,000 | 178,761,000 | 218,645,000 |
| Noninterest-bearing deposits | 100,587,000 | 116,013,000 | 121,541,000 | 129,536,000 |
| Equity capital | 39,424,000 | 39,568,000 | 39,494,000 | 38,865,000 |
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 | 2,045,000 | 3,856,000 | 5,576,000 | 7,449,000 |
| Interest expense | 227,000 | 454,000 | 664,000 | 864,000 |
| Net interest income | 1,818,000 | 3,402,000 | 4,912,000 | 6,585,000 |
| Noninterest income | 302,000 | 563,000 | 865,000 | 1,156,000 |
| Noninterest expense | 1,524,000 | 3,101,000 | 4,723,000 | 6,542,000 |
| Provision for loan losses | 75,000 | 150,000 | 200,000 | 0 |
| Pretax income | 521,000 | 714,000 | 854,000 | 1,199,000 |
| Income tax | 92,000 | 113,000 | 127,000 | 187,000 |
| Net income | 429,000 | 601,000 | 727,000 | 1,012,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,914,000 | 41,087,000 | 41,213,000 | 40,448,000 |