Call reports 2017
CITIZENS BANK OF MORGANTOWN, INC. — 2017
What CITIZENS BANK OF MORGANTOWN, INC. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 36,915,000 | 36,086,000 | 35,956,000 | 35,795,000 |
| Total loans | 22,550,000 | 22,154,000 | 21,768,000 | 22,249,000 |
| Allowance for loan losses | 372,000 | 379,000 | 385,000 | 388,000 |
| Securities available for sale | 11,976,000 | 11,417,000 | 11,962,000 | 11,266,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,437,000 | 23,466,000 | 23,429,000 | 22,964,000 |
| Interest-bearing deposits | 19,496,000 | 19,358,000 | 19,480,000 | 19,059,000 |
| Noninterest-bearing deposits | 3,941,000 | 4,108,000 | 3,949,000 | 3,905,000 |
| Equity capital | 6,509,000 | 6,552,000 | 6,623,000 | 6,415,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 432,000 | 861,000 | 1,284,000 | 1,729,000 |
| Interest expense | 24,000 | 50,000 | 80,000 | 111,000 |
| Net interest income | 408,000 | 811,000 | 1,204,000 | 1,618,000 |
| Noninterest income | 43,000 | 83,000 | 130,000 | 174,000 |
| Noninterest expense | 318,000 | 706,000 | 1,018,000 | 1,325,000 |
| Provision for loan losses | 23,000 | 28,000 | 33,000 | 38,000 |
| Pretax income | 110,000 | 160,000 | 283,000 | 429,000 |
| Income tax | 14,000 | 17,000 | 34,000 | 158,000 |
| Net income | 96,000 | 143,000 | 249,000 | 271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,767,000 | 6,788,000 | 6,894,000 | 6,994,000 |
| Total capital | 7,015,000 | 7,030,000 | 7,137,000 | 7,235,000 |
| Risk-weighted assets | 19,711,000 | 19,262,000 | 19,291,000 | 19,102,000 |