Call reports 2016
CITIZENS BANK OF MORGANTOWN, INC. — 2016
What CITIZENS BANK OF MORGANTOWN, INC. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 35,421,000 | 36,549,000 | 36,473,000 | 35,957,000 |
| Total loans | 22,374,000 | 23,262,000 | 23,323,000 | 22,644,000 |
| Allowance for loan losses | 295,000 | 303,000 | 334,000 | 348,000 |
| Securities available for sale | 11,241,000 | 11,182,000 | 11,205,000 | 11,587,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,492,000 | 23,259,000 | 22,593,000 | 23,362,000 |
| Interest-bearing deposits | 18,586,000 | 19,033,000 | 18,354,000 | 19,533,000 |
| Noninterest-bearing deposits | 3,906,000 | 4,226,000 | 4,239,000 | 3,829,000 |
| Equity capital | 6,398,000 | 6,514,000 | 6,570,000 | 6,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 414,000 | 829,000 | 1,268,000 | 1,692,000 |
| Interest expense | 23,000 | 43,000 | 65,000 | 87,000 |
| Net interest income | 391,000 | 786,000 | 1,203,000 | 1,605,000 |
| Noninterest income | 22,000 | 86,000 | 145,000 | 190,000 |
| Noninterest expense | 344,000 | 695,000 | 999,000 | 1,319,000 |
| Provision for loan losses | 5,000 | 15,000 | 48,000 | 70,000 |
| Pretax income | 64,000 | 162,000 | 301,000 | 406,000 |
| Income tax | 6,000 | 18,000 | 38,000 | 85,000 |
| Net income | 58,000 | 144,000 | 263,000 | 321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,461,000 | 6,521,000 | 6,639,000 | 6,672,000 |
| Total capital | 6,697,000 | 6,773,000 | 6,887,000 | 6,917,000 |
| Risk-weighted assets | 18,841,000 | 20,099,000 | 19,723,000 | 19,472,000 |