Call reports 2018
CITIZENS BANK OF THE SOUTH — 2018
What CITIZENS BANK OF THE SOUTH reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 238,074,000 | 243,406,000 | 248,542,000 | 245,281,000 |
| Total loans | 164,929,000 | 170,866,000 | 173,523,000 | 178,044,000 |
| Allowance for loan losses | 1,969,000 | 2,004,000 | 2,034,000 | 2,244,000 |
| Securities available for sale | 33,659,000 | 31,663,000 | 31,618,000 | 31,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,594,000 | 216,238,000 | 220,612,000 | 217,076,000 |
| Interest-bearing deposits | 154,291,000 | 158,934,000 | 169,653,000 | 163,107,000 |
| Noninterest-bearing deposits | 57,303,000 | 57,304,000 | 50,959,000 | 53,969,000 |
| Equity capital | 26,162,000 | 26,728,000 | 27,318,000 | 27,351,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,706,000 | 5,574,000 | 8,620,000 | 11,710,000 |
| Interest expense | 227,000 | 518,000 | 899,000 | 1,290,000 |
| Net interest income | 2,479,000 | 5,056,000 | 7,721,000 | 10,420,000 |
| Noninterest income | 268,000 | 532,000 | 825,000 | 999,000 |
| Noninterest expense | 1,933,000 | 3,862,000 | 5,890,000 | 7,770,000 |
| Provision for loan losses | 120,000 | 270,000 | 420,000 | 695,000 |
| Pretax income | 694,000 | 1,456,000 | 2,236,000 | 2,954,000 |
| Income tax | 178,000 | 369,000 | 565,000 | 656,000 |
| Net income | 516,000 | 1,087,000 | 1,671,000 | 2,298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,496,000 | 27,066,000 | 27,651,000 | 27,603,000 |
| Total capital | 28,465,000 | 29,070,000 | 29,685,000 | 29,679,000 |
| Risk-weighted assets | 159,257,000 | 161,120,000 | 165,555,000 | 165,988,000 |