Call reports 2016
CITIZENS INDEPENDENT BANK — 2016
What CITIZENS INDEPENDENT BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 300,820,000 | 289,731,000 | 293,402,000 | 286,490,000 |
| Total loans | 186,647,000 | 184,079,000 | 180,485,000 | 181,248,000 |
| Allowance for loan losses | 3,268,000 | 3,280,000 | 3,288,000 | 3,304,000 |
| Securities available for sale | 69,157,000 | 68,345,000 | 70,178,000 | 70,046,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,453,000 | 233,816,000 | 242,066,000 | 236,019,000 |
| Interest-bearing deposits | 226,732,000 | 213,990,000 | 23,187,000 | 215,592,000 |
| Noninterest-bearing deposits | 18,721,000 | 19,826,000 | 218,879,000 | 20,427,000 |
| Equity capital | 31,732,000 | 32,140,000 | 32,371,000 | 31,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,476,000 | 4,885,000 | 7,392,000 | 9,838,000 |
| Interest expense | 284,000 | 568,000 | 817,000 | 1,038,000 |
| Net interest income | 2,192,000 | 4,317,000 | 6,575,000 | 8,800,000 |
| Noninterest income | 376,000 | 772,000 | 1,177,000 | 1,557,000 |
| Noninterest expense | 2,457,000 | 4,825,000 | 7,123,000 | 9,273,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 241,000 | 394,000 | 759,000 | 1,214,000 |
| Income tax | 55,000 | 46,000 | 148,000 | 298,000 |
| Net income | 186,000 | 348,000 | 611,000 | 916,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,845,000 | 31,006,000 | 31,270,000 | 31,742,000 |
| Total capital | 33,125,000 | 33,255,000 | 33,516,000 | 34,008,000 |
| Risk-weighted assets | 181,160,000 | 178,571,000 | 178,357,000 | 180,016,000 |