Call reports 2019
CITIZENS BANK OF THE SOUTH — 2019
What CITIZENS BANK OF THE SOUTH reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 243,326,000 | 241,596,000 | 253,213,000 | 258,678,000 |
| Total loans | 184,544,000 | 185,200,000 | 186,421,000 | 188,480,000 |
| Allowance for loan losses | 2,298,000 | 2,389,000 | 2,433,000 | 2,448,000 |
| Securities available for sale | 26,779,000 | 26,959,000 | 27,182,000 | 26,833,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,955,000 | 212,195,000 | 223,012,000 | 228,250,000 |
| Interest-bearing deposits | 159,079,000 | 157,550,000 | 166,534,000 | 171,179,000 |
| Noninterest-bearing deposits | 55,876,000 | 54,645,000 | 56,478,000 | 57,071,000 |
| Equity capital | 28,050,000 | 28,824,000 | 29,518,000 | 29,420,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,079,000 | 6,259,000 | 9,522,000 | 12,807,000 |
| Interest expense | 397,000 | 826,000 | 1,312,000 | 1,815,000 |
| Net interest income | 2,682,000 | 5,433,000 | 8,210,000 | 10,992,000 |
| Noninterest income | 283,000 | 469,000 | 713,000 | 982,000 |
| Noninterest expense | 2,032,000 | 4,082,000 | 6,128,000 | 8,247,000 |
| Provision for loan losses | 135,000 | 180,000 | 260,000 | 440,000 |
| Pretax income | 798,000 | 1,640,000 | 2,541,000 | 3,293,000 |
| Income tax | 201,000 | 415,000 | 639,000 | 736,000 |
| Net income | 597,000 | 1,225,000 | 1,902,000 | 2,557,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,200,000 | 28,857,000 | 29,534,000 | 29,410,000 |
| Total capital | 30,367,000 | 31,035,000 | 31,755,000 | 31,665,000 |
| Risk-weighted assets | 173,306,000 | 174,074,000 | 177,537,000 | 180,237,000 |