Call reports 2022
CITIZENS BANK OF MORGANTOWN, INC. — 2022
What CITIZENS BANK OF MORGANTOWN, INC. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 48,871,000 | 49,512,000 | 52,531,000 | 53,851,000 |
| Total loans | 33,020,000 | 34,648,000 | 38,115,000 | 39,689,000 |
| Allowance for loan losses | 721,000 | 724,000 | 729,000 | 734,000 |
| Securities available for sale | 11,340,000 | 11,766,000 | 11,511,000 | 11,281,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,336,000 | 38,759,000 | 40,533,000 | 39,240,000 |
| Interest-bearing deposits | 31,929,000 | 31,120,000 | 32,858,000 | 31,861,000 |
| Noninterest-bearing deposits | 8,407,000 | 7,639,000 | 7,675,000 | 7,379,000 |
| Equity capital | 7,189,000 | 6,822,000 | 6,441,000 | 7,071,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 453,000 | 931,000 | 1,467,000 | 2,049,000 |
| Interest expense | 13,000 | 33,000 | 80,000 | 178,000 |
| Net interest income | 440,000 | 898,000 | 1,387,000 | 1,871,000 |
| Noninterest income | 41,000 | 71,000 | 100,000 | 123,000 |
| Noninterest expense | 406,000 | 767,000 | 1,193,000 | 1,623,000 |
| Provision for loan losses | 5,000 | 8,000 | 13,000 | 18,000 |
| Pretax income | 70,000 | 194,000 | 281,000 | 353,000 |
| Income tax | 11,000 | 40,000 | 57,000 | 70,000 |
| Net income | 59,000 | 154,000 | 224,000 | 283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,288,000 | 8,357,000 | 8,426,000 | 8,458,000 |