Call reports 2013
CITIZENS INDEPENDENT BANK — 2013
What CITIZENS INDEPENDENT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 295,014,000 | 287,563,000 | 299,592,000 | 299,070,000 |
| Total loans | 204,391,000 | 203,329,000 | 190,877,000 | 198,720,000 |
| Allowance for loan losses | 8,283,000 | 6,619,000 | 6,852,000 | 6,314,000 |
| Securities available for sale | 72,951,000 | 68,191,000 | 67,408,000 | 63,270,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,668,000 | 238,035,000 | 249,252,000 | 248,708,000 |
| Interest-bearing deposits | 223,487,000 | 217,922,000 | 223,517,000 | 222,681,000 |
| Noninterest-bearing deposits | 20,181,000 | 20,113,000 | 25,735,000 | 26,027,000 |
| Equity capital | 25,772,000 | 24,130,000 | 24,986,000 | 24,925,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,148,000 | 5,925,000 | 8,783,000 | 11,547,000 |
| Interest expense | 407,000 | 805,000 | 1,193,000 | 1,566,000 |
| Net interest income | 2,741,000 | 5,120,000 | 7,590,000 | 9,981,000 |
| Noninterest income | 314,000 | 1,030,000 | 1,879,000 | 2,446,000 |
| Noninterest expense | 2,211,000 | 4,607,000 | 6,863,000 | 9,274,000 |
| Provision for loan losses | 527,000 | 1,063,000 | 1,351,000 | 1,422,000 |
| Pretax income | 317,000 | 480,000 | 1,255,000 | 1,731,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 317,000 | 480,000 | 1,255,000 | 1,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,327,000 | 25,491,000 | 26,232,000 | 26,700,000 |
| Total capital | 27,920,000 | 28,084,000 | 28,642,000 | 29,165,000 |
| Risk-weighted assets | 201,736,000 | 203,403,000 | 188,334,000 | 193,312,000 |