Call reports 2014
CITIZENS BANK OF THE MIDWEST — 2014
What CITIZENS BANK OF THE MIDWEST reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 172,141,000 | 165,957,000 | 164,451,000 | 157,597,000 |
| Total loans | 116,347,000 | 112,657,000 | 103,441,000 | 100,258,000 |
| Allowance for loan losses | 1,635,000 | 1,686,000 | 1,623,000 | 1,649,000 |
| Securities available for sale | 36,982,000 | 36,373,000 | 35,040,000 | 33,395,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,861,000 | 148,316,000 | 146,343,000 | 139,783,000 |
| Interest-bearing deposits | 144,341,000 | 137,841,000 | 135,956,000 | 131,043,000 |
| Noninterest-bearing deposits | 10,520,000 | 10,475,000 | 10,387,000 | 8,740,000 |
| Equity capital | 16,725,000 | 17,221,000 | 17,642,000 | 17,352,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,992,000 | 3,938,000 | 5,759,000 | 7,579,000 |
| Interest expense | 444,000 | 875,000 | 1,294,000 | 1,698,000 |
| Net interest income | 1,548,000 | 3,063,000 | 4,465,000 | 5,881,000 |
| Noninterest income | 11,000 | 125,000 | 248,000 | 350,000 |
| Noninterest expense | 1,128,000 | 2,264,000 | 3,393,000 | 4,770,000 |
| Provision for loan losses | 90,000 | 262,000 | 370,000 | 759,000 |
| Pretax income | 341,000 | 650,000 | 937,000 | 720,000 |
| Income tax | 60,000 | 110,000 | 110,000 | 75,000 |
| Net income | 281,000 | 540,000 | 827,000 | 645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,140,000 | 17,368,000 | 17,569,000 | 17,084,000 |
| Total capital | 18,740,000 | 18,885,000 | 19,072,000 | 18,537,000 |
| Risk-weighted assets | 127,991,000 | 121,216,000 | 120,100,000 | 116,013,000 |