Call reports 2008
1ST COMMERCE BANK — 2008
What 1ST COMMERCE BANK 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 | 31,685,000 | 38,059,000 | 39,122,000 | 52,616,000 |
| Total loans | 30,079,000 | 32,643,000 | 31,385,000 | 31,054,000 |
| Allowance for loan losses | 433,000 | 524,000 | 885,000 | 751,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,129,000 | 31,217,000 | 32,675,000 | 46,661,000 |
| Interest-bearing deposits | 19,000,000 | 26,559,000 | 28,640,000 | 26,469,000 |
| Noninterest-bearing deposits | 4,129,000 | 4,658,000 | 4,035,000 | 20,192,000 |
| Equity capital | 6,894,000 | 6,699,000 | 6,331,000 | 5,822,000 |
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 | 553,000 | 1,083,000 | 1,632,000 | 2,148,000 |
| Interest expense | 195,000 | 420,000 | 659,000 | 902,000 |
| Net interest income | 358,000 | 663,000 | 973,000 | 1,246,000 |
| Noninterest income | 15,000 | 58,000 | 144,000 | 205,000 |
| Noninterest expense | 476,000 | 1,025,000 | 1,615,000 | 2,165,000 |
| Provision for loan losses | 40,000 | 131,000 | 492,000 | 1,037,000 |
| Pretax income | -143,000 | -435,000 | -990,000 | -1,751,000 |
| Income tax | -47,000 | -144,000 | -331,000 | -583,000 |
| Net income | -96,000 | -291,000 | -659,000 | -1,168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,336,000 | 6,044,000 | 5,489,000 | 4,728,000 |
| Total capital | 6,709,000 | 6,451,000 | 5,882,000 | 5,102,000 |
| Risk-weighted assets | 29,791,000 | 32,461,000 | 30,953,000 | 29,570,000 |