Call reports 2015
CITIZENS INDEPENDENT BANK — 2015
What CITIZENS INDEPENDENT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 289,270,000 | 286,642,000 | 294,742,000 | 302,062,000 |
| Total loans | 195,181,000 | 193,547,000 | 194,671,000 | 197,364,000 |
| Allowance for loan losses | 4,709,000 | 3,850,000 | 4,001,000 | 3,291,000 |
| Securities available for sale | 67,576,000 | 69,262,000 | 68,909,000 | 68,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,780,000 | 232,164,000 | 239,033,000 | 246,648,000 |
| Interest-bearing deposits | 215,910,000 | 208,373,000 | 215,574,000 | 222,761,000 |
| Noninterest-bearing deposits | 18,870,000 | 23,791,000 | 23,459,000 | 23,887,000 |
| Equity capital | 30,797,000 | 31,062,000 | 31,746,000 | 31,835,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,608,000 | 5,463,000 | 8,056,000 | 10,659,000 |
| Interest expense | 308,000 | 591,000 | 870,000 | 1,156,000 |
| Net interest income | 2,300,000 | 4,872,000 | 7,186,000 | 9,503,000 |
| Noninterest income | 404,000 | 939,000 | 1,509,000 | 2,154,000 |
| Noninterest expense | 2,436,000 | 4,718,000 | 7,027,000 | 9,412,000 |
| Provision for loan losses | -1,250,000 | -1,250,000 | -1,250,000 | -1,250,000 |
| Pretax income | 1,518,000 | 2,343,000 | 2,918,000 | 3,495,000 |
| Income tax | 565,000 | 842,000 | 1,031,000 | 1,216,000 |
| Net income | 953,000 | 1,501,000 | 1,887,000 | 2,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,014,000 | 30,562,000 | 30,948,000 | 31,259,000 |
| Total capital | 32,424,000 | 32,970,000 | 33,358,000 | 33,684,000 |
| Risk-weighted assets | 190,510,000 | 190,776,000 | 190,744,000 | 192,692,000 |