Call reports 2022
CITIZENS INDEPENDENT BANK — 2022
What CITIZENS INDEPENDENT BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 359,056,000 | 348,153,000 | 354,515,000 | 360,735,000 |
| Total loans | 177,504,000 | 188,869,000 | 195,502,000 | 207,693,000 |
| Allowance for loan losses | 2,955,000 | 3,048,000 | 3,140,000 | 3,231,000 |
| Securities available for sale | 113,707,000 | 125,185,000 | 129,971,000 | 129,482,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 327,876,000 | 320,815,000 | 330,702,000 | 326,431,000 |
| Interest-bearing deposits | 301,050,000 | 294,760,000 | 304,846,000 | 302,671,000 |
| Noninterest-bearing deposits | 26,826,000 | 26,055,000 | 25,856,000 | 23,760,000 |
| Equity capital | 30,266,000 | 26,741,000 | 22,531,000 | 25,636,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,374,000 | 5,083,000 | 8,153,000 | 11,611,000 |
| Interest expense | 84,000 | 158,000 | 218,000 | 341,000 |
| Net interest income | 2,290,000 | 4,925,000 | 7,935,000 | 11,270,000 |
| Noninterest income | 270,000 | 575,000 | 870,000 | 1,218,000 |
| Noninterest expense | 2,252,000 | 4,532,000 | 6,800,000 | 9,647,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 308,000 | 968,000 | 2,005,000 | 2,841,000 |
| Income tax | 60,000 | 212,000 | 465,000 | 645,000 |
| Net income | 248,000 | 756,000 | 1,540,000 | 2,196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,085,000 | 36,592,000 | 37,376,000 | 38,032,000 |
| Total capital | 38,511,000 | 39,222,000 | 40,186,000 | 41,046,000 |
| Risk-weighted assets | 193,590,000 | 210,057,000 | 224,502,000 | 240,967,000 |