Call reports 2020
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF COVINGTON — 2020
What CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF COVINGTON reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 40,619,000 | 41,941,000 | 42,874,000 | 43,101,000 |
| Total loans | 22,745,000 | 24,161,000 | 24,500,000 | 23,715,000 |
| Allowance for loan losses | 272,000 | 272,000 | 272,000 | 272,000 |
| Securities available for sale | 7,179,000 | 7,276,000 | 7,340,000 | 7,601,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,883,000 | 25,989,000 | 26,935,000 | 27,360,000 |
| Interest-bearing deposits | 24,796,000 | 25,835,000 | 26,733,000 | 27,317,000 |
| Noninterest-bearing deposits | 87,000 | 154,000 | 202,000 | 43,000 |
| Equity capital | 11,489,000 | 11,807,000 | 11,735,000 | 11,715,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 364,000 | 734,000 | 1,201,000 | 1,461,000 |
| Interest expense | 127,000 | 255,000 | 312,000 | 501,000 |
| Net interest income | 237,000 | 479,000 | 889,000 | 960,000 |
| Noninterest income | 7,000 | 12,000 | 17,000 | 22,000 |
| Noninterest expense | 200,000 | 384,000 | 567,000 | 763,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 45,000 | 108,000 | 171,000 | 220,000 |
| Income tax | -29,000 | -67,000 | 55,000 | 83,000 |
| Net income | 74,000 | 175,000 | 116,000 | 137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,118,000 | 11,219,000 | 11,136,000 | 11,158,000 |
| Total capital | 11,330,000 | 11,438,000 | 11,357,000 | 11,383,000 |
| Risk-weighted assets | 16,886,000 | 17,490,000 | 17,658,000 | 17,944,000 |