Call reports 2018
CITIZENS INDEPENDENT BANK — 2018
What CITIZENS INDEPENDENT BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 267,093,000 | 270,517,000 | 270,871,000 | 274,316,000 |
| Total loans | 179,996,000 | 177,098,000 | 183,256,000 | 184,514,000 |
| Allowance for loan losses | 2,894,000 | 2,853,000 | 2,922,000 | 3,029,000 |
| Securities available for sale | 65,677,000 | 67,738,000 | 69,885,000 | 68,774,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,682,000 | 237,902,000 | 238,145,000 | 240,604,000 |
| Interest-bearing deposits | 218,209,000 | 221,565,000 | 221,575,000 | 223,380,000 |
| Noninterest-bearing deposits | 16,473,000 | 16,337,000 | 16,570,000 | 17,224,000 |
| Equity capital | 31,639,000 | 31,886,000 | 32,063,000 | 32,761,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,421,000 | 4,864,000 | 7,374,000 | 10,035,000 |
| Interest expense | 179,000 | 308,000 | 446,000 | 590,000 |
| Net interest income | 2,242,000 | 4,556,000 | 6,928,000 | 9,445,000 |
| Noninterest income | 384,000 | 745,000 | 1,085,000 | 1,496,000 |
| Noninterest expense | 2,338,000 | 4,579,000 | 6,848,000 | 9,292,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 288,000 | 722,000 | 1,165,000 | 1,649,000 |
| Income tax | 50,000 | 138,000 | 230,000 | 336,000 |
| Net income | 238,000 | 584,000 | 935,000 | 1,313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,384,000 | 32,730,000 | 33,224,000 | 33,697,000 |
| Total capital | 34,595,000 | 34,912,000 | 35,500,000 | 36,087,000 |
| Risk-weighted assets | 176,482,000 | 174,914,000 | 181,497,000 | 190,569,000 |