Communityone Bancorp (COB) financial statements (2022 and earlier)
Company profile
| Business Address |
1017 E. MOREHEAD STREET CHARLOTTE, NC 28204 |
| State of Incorp. | NC |
| Fiscal Year End | December 31 |
| SIC | 6021 - National Commercial Banks (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 54 | 64 | 39 | 28 | 31 | 48 | 96 | ||
| Cash and cash equivalents | 54 | 64 | 39 | 28 | 31 | 48 | 96 | ||
| Total current assets: | 54 | 64 | 39 | 28 | 31 | 48 | 96 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 43 | 44 | 44 | 45 | 45 | 44 | 47 | ||
| Intangible assets, net (including goodwill) | 9 | 9 | 12 | 10 | 10 | 10 | 10 | ||
| Goodwill | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||
| Intangible assets, net (excluding goodwill) | 5 | 5 | 8 | 5 | 5 | 6 | 6 | ||
| Total noncurrent assets: | 52 | 53 | 57 | 54 | 55 | 54 | 57 | ||
| Other undisclosed assets | 2,251 | 2,269 | 2,301 | 2,271 | 2,207 | 2,130 | 2,063 | ||
| TOTAL ASSETS: | 2,357 | 2,385 | 2,397 | 2,353 | 2,293 | 2,232 | 2,216 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 13 | 7 | 36 | 17 | 11 | 9 | |||
| Total current liabilities: | 13 | 7 | 36 | 17 | 11 | 9 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||
| Long-term debt, excluding current maturities | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||
| Total noncurrent liabilities: | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||
| Other undisclosed liabilities | 2,051 | 2,091 | 2,083 | 2,057 | 2,007 | 1,956 | 1,934 | ||
| Total liabilities: | 2,069 | 2,104 | 2,124 | 2,079 | 2,024 | 1,961 | 1,949 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 287 | 281 | 273 | 275 | 270 | 271 | 267 | ||
| Common stock | 490 | 490 | 490 | 488 | 488 | 488 | 488 | ||
| Accumulated other comprehensive loss | (4) | (7) | (11) | (7) | (10) | (6) | (7) | ||
| Accumulated deficit | (198) | (202) | (206) | (207) | (208) | (211) | (213) | ||
| Total stockholders' equity: | 287 | 281 | 273 | 275 | 270 | 271 | 267 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,357 | 2,385 | 2,397 | 2,353 | 2,293 | 2,232 | 2,216 | ||
Income statement (P&L) ($ in millions)
| 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 22 | 23 | 33 | 20 | 20 | |||
| Net investment income | 18 | 17 | 30 | 17 | 16 | |||
| Financial services revenue | 4 | 5 | 3 | 4 | 3 | |||
| Cost of revenue (Financial Services Costs) | (1) | |||||||
| Gross profit: | 21 | 23 | 33 | 20 | 20 | |||
| Operating expenses | (12) | (13) | (18) | (13) | (13) | (11) | (12) | |
| Other undisclosed operating income | 1 | |||||||
| Operating income (loss): | 9 | 9 | 15 | 8 | 7 | (10) | (10) | |
| Nonoperating income (expense) | 0 | 0 | 4 | 0 | 0 | (0) | (0) | |
| Investment income, nonoperating | (1) | |||||||
| Losses on sales of other real estate | (0) | |||||||
| Bank owned life insurance income | 0 | 0 | 0 | 0 | 0 | |||
| Mortgage servicing rights (msr) impairment (recovery) | 0 | |||||||
| Interest and debt expense | (3) | (3) | (3) | (3) | (3) | (2) | (3) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (0) | (0) | (16) | (1) | (0) | 17 | 15 | |
| Income from continuing operations before income taxes: | 6 | 6 | 1 | 5 | 4 | 4 | 2 | |
| Income tax expense (benefit) | (2) | (2) | (1) | (3) | (1) | (1) | 142 | |
| Net income available to common stockholders, diluted: | 4 | 4 | 0 | 2 | 3 | 3 | 145 | |
Comprehensive Income ($ in millions)
| 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 4 | 4 | 0 | 2 | 3 | 3 | 145 | |
| Other comprehensive loss | (0) | (1) | (0) | |||||
| Comprehensive income (loss): | 4 | 4 | (1) | 1 | 3 | 3 | 145 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2 | 4 | (3) | 3 | (4) | 1 | 3 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 6 | 8 | (3) | 5 | (1) | 4 | 147 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.