Call reports 2012
CITIZENS INDEPENDENT BANK — 2012
What CITIZENS INDEPENDENT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 307,175,000 | 296,754,000 | 299,372,000 | 296,870,000 |
| Total loans | 220,479,000 | 223,951,000 | 215,038,000 | 208,815,000 |
| Allowance for loan losses | 7,123,000 | 7,561,000 | 8,380,000 | 8,298,000 |
| Securities available for sale | 63,333,000 | 48,998,000 | 51,413,000 | 71,807,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,067,000 | 245,757,000 | 248,713,000 | 245,910,000 |
| Interest-bearing deposits | 231,253,000 | 221,438,000 | 221,695,000 | 221,384,000 |
| Noninterest-bearing deposits | 20,814,000 | 24,319,000 | 27,018,000 | 24,526,000 |
| Equity capital | 24,983,000 | 25,250,000 | 25,334,000 | 25,625,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 3,377,000 | 6,702,000 | 9,942,000 | 13,180,000 |
| Interest expense | 619,000 | 1,239,000 | 1,704,000 | 2,142,000 |
| Net interest income | 2,758,000 | 5,463,000 | 8,238,000 | 11,038,000 |
| Noninterest income | -80,000 | 350,000 | 859,000 | 1,237,000 |
| Noninterest expense | 2,239,000 | 4,573,000 | 6,810,000 | 9,065,000 |
| Provision for loan losses | 215,000 | 761,000 | 1,994,000 | 2,269,000 |
| Pretax income | 224,000 | 472,000 | 286,000 | 934,000 |
| Income tax | 0 | -6,000 | -6,000 | 6,000 |
| Net income | 224,000 | 478,000 | 292,000 | 928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,307,000 | 24,561,000 | 24,375,000 | 25,010,000 |
| Total capital | 27,098,000 | 27,333,000 | 27,085,000 | 27,632,000 |
| Risk-weighted assets | 218,924,000 | 216,942,000 | 211,126,000 | 204,103,000 |