Call reports 2008
CITIZENS BANK OF CUMBERLAND COUNTY, INC. — 2008
What CITIZENS BANK OF CUMBERLAND COUNTY, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 76,650,000 | 77,813,000 | 79,294,000 | 77,649,000 |
| Total loans | 64,147,000 | 64,732,000 | 66,487,000 | 66,958,000 |
| Allowance for loan losses | 831,000 | 875,000 | 953,000 | 925,000 |
| Securities available for sale | 3,810,000 | 3,742,000 | 4,286,000 | 4,348,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,860,000 | 66,413,000 | 66,411,000 | 65,151,000 |
| Interest-bearing deposits | 57,862,000 | 59,097,000 | 59,795,000 | 58,263,000 |
| Noninterest-bearing deposits | 4,998,000 | 7,316,000 | 6,616,000 | 6,888,000 |
| Equity capital | 7,692,000 | 7,015,000 | 7,289,000 | 7,508,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,398,000 | 2,751,000 | 4,095,000 | 5,379,000 |
| Interest expense | 658,000 | 1,291,000 | 1,890,000 | 2,472,000 |
| Net interest income | 740,000 | 1,460,000 | 2,205,000 | 2,907,000 |
| Noninterest income | 98,000 | 209,000 | 326,000 | 401,000 |
| Noninterest expense | 477,000 | 948,000 | 1,392,000 | 1,805,000 |
| Provision for loan losses | 185,000 | 254,000 | 340,000 | 555,000 |
| Pretax income | 176,000 | 467,000 | 798,000 | 947,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 176,000 | 467,000 | 798,000 | 947,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,656,000 | 7,039,000 | 7,360,000 | 7,508,000 |
| Total capital | 8,333,000 | 7,758,000 | 8,100,000 | 8,218,000 |
| Risk-weighted assets | 56,717,000 | 57,867,000 | 59,404,000 | 59,620,000 |