Call reports 2008
BANK OF COMMERCE — 2008
What BANK OF COMMERCE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 98,552,000 | 107,351,000 | 125,462,000 | 145,450,000 |
| Total loans | 71,786,000 | 83,975,000 | 99,260,000 | 108,378,000 |
| Allowance for loan losses | 1,067,000 | 1,219,000 | 1,409,000 | 1,523,000 |
| Securities available for sale | 23,838,000 | 19,716,000 | 18,176,000 | 25,445,000 |
| Securities held to maturity | 0 | 1,000,000 | 2,926,000 | 2,934,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,371,000 | 72,675,000 | 74,957,000 | 83,820,000 |
| Interest-bearing deposits | 54,704,000 | 64,955,000 | 66,483,000 | 76,539,000 |
| Noninterest-bearing deposits | 9,667,000 | 7,720,000 | 8,474,000 | 7,281,000 |
| Equity capital | 15,570,000 | 15,399,000 | 15,537,000 | 15,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,530,000 | 3,067,000 | 4,753,000 | 6,545,000 |
| Interest expense | 617,000 | 1,203,000 | 1,876,000 | 2,611,000 |
| Net interest income | 913,000 | 1,864,000 | 2,877,000 | 3,934,000 |
| Noninterest income | 37,000 | 71,000 | 105,000 | 137,000 |
| Noninterest expense | 823,000 | 1,642,000 | 2,507,000 | 3,476,000 |
| Provision for loan losses | 72,000 | 224,000 | 414,000 | 528,000 |
| Pretax income | 92,000 | 186,000 | 201,000 | 275,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 92,000 | 186,000 | 201,000 | 275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,332,000 | 15,441,000 | 15,479,000 | 15,590,000 |
| Total capital | 16,387,000 | 16,637,000 | 16,887,000 | 17,113,000 |
| Risk-weighted assets | 84,385,000 | 95,645,000 | 112,623,000 | 126,213,000 |