Call reports 2006
CITIZENS INDEPENDENT BANK — 2006
What CITIZENS INDEPENDENT BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 263,087,000 | 272,844,000 | 274,472,000 | 277,229,000 |
| Total loans | 198,052,000 | 211,898,000 | 214,946,000 | 219,284,000 |
| Allowance for loan losses | 1,889,000 | 1,756,000 | 1,922,000 | 1,911,000 |
| Securities available for sale | 46,403,000 | 43,845,000 | 44,175,000 | 42,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 212,292,000 | 224,489,000 | 218,656,000 | 216,523,000 |
| Interest-bearing deposits | 157,970,000 | 168,635,000 | 166,743,000 | 165,751,000 |
| Noninterest-bearing deposits | 54,322,000 | 55,854,000 | 51,913,000 | 50,772,000 |
| Equity capital | 25,207,000 | 25,196,000 | 26,539,000 | 26,957,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,733,000 | 7,795,000 | 12,192,000 | 16,619,000 |
| Interest expense | 1,183,000 | 2,506,000 | 4,058,000 | 5,717,000 |
| Net interest income | 2,550,000 | 5,289,000 | 8,134,000 | 10,902,000 |
| Noninterest income | 276,000 | 580,000 | 881,000 | 1,149,000 |
| Noninterest expense | 2,331,000 | 4,778,000 | 7,134,000 | 9,701,000 |
| Provision for loan losses | 171,000 | 321,000 | 605,000 | 650,000 |
| Pretax income | 324,000 | 725,000 | 1,225,000 | 1,656,000 |
| Income tax | 0 | 0 | 5,000 | 5,000 |
| Net income | 324,000 | 725,000 | 1,220,000 | 1,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,750,000 | 26,151,000 | 26,647,000 | 27,078,000 |
| Total capital | 27,639,000 | 27,907,000 | 28,569,000 | 28,989,000 |
| Risk-weighted assets | 194,307,000 | 220,935,000 | 211,441,000 | 216,159,000 |
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