COMMENCEMENT BANCORP, INC. Financial Reports

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:· COMMENCEMENT BANCORP, INC.

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Off Balance Sheet
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COMMENCEMENT BANCORP, INC.

Institution Profile

Year Opened :

2020

Institution Type :

Holding Company

Reserve District :

San Francisco

Federal Regulator :

FED

Entity Type :

Financial Holding Company - Domestic

Fiscal Year End :

12/31

Structure :

Corporation (stock)

S-Corp :

Related Bank / Thrift	Assets	Asset Concentration
Commencement Bank	697,257	Commercial Lending Specialization

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	67,921	Total Operating Income	1,073
Total Liabilities	5,000	Total Operating Expenses	24
Total Equity Capital	62,921	Equity in Undistributed Income	2,429
		Net income (loss)	3,478

Miscellaneous
Cash Dividends Declared by Bank Holding Company	0
Total Consolidated Assets of Bank Holding Company	739,838

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury