Call reports 2021
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF COVINGTON — 2021
What CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF COVINGTON reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 42,395,000 | 43,128,000 | 42,737,000 | 42,936,000 |
| Total loans | 23,845,000 | 25,527,000 | 25,077,000 | 25,131,000 |
| Allowance for loan losses | 272,000 | 272,000 | 272,000 | 272,000 |
| Securities available for sale | 8,756,000 | 8,824,000 | 8,770,000 | 8,842,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,178,000 | 27,843,000 | 27,528,000 | 27,023,000 |
| Interest-bearing deposits | 27,066,000 | 27,664,000 | 27,298,000 | 26,964,000 |
| Noninterest-bearing deposits | 112,000 | 179,000 | 230,000 | 59,000 |
| Equity capital | 11,495,000 | 11,591,000 | 11,568,000 | 11,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 333,000 | 676,000 | 1,017,000 | 1,373,000 |
| Interest expense | 105,000 | 202,000 | 291,000 | 373,000 |
| Net interest income | 228,000 | 474,000 | 726,000 | 1,000,000 |
| Noninterest income | 4,000 | 9,000 | 14,000 | 19,000 |
| Noninterest expense | 189,000 | 373,000 | 568,000 | 793,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 43,000 | 110,000 | 172,000 | 226,000 |
| Income tax | 32,000 | 42,000 | 56,000 | 76,000 |
| Net income | 11,000 | 68,000 | 116,000 | 150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,169,000 | 11,225,000 | 11,274,000 | 11,307,000 |
| Total capital | 11,392,000 | 11,455,000 | 11,499,000 | 11,537,000 |
| Risk-weighted assets | 17,790,000 | 18,351,000 | 17,968,000 | 18,406,000 |