Call reports 2020
CITIZENS BANK OF THE SOUTH — 2020
What CITIZENS BANK OF THE SOUTH reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 263,845,000 | 313,576,000 | 304,012,000 | 292,487,000 |
| Total loans | 187,349,000 | 195,810,000 | 198,127,000 | 205,457,000 |
| Allowance for loan losses | 2,412,000 | 2,436,000 | 2,473,000 | 2,624,000 |
| Securities available for sale | 27,415,000 | 28,590,000 | 28,534,000 | 32,858,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 233,382,000 | 282,033,000 | 271,719,000 | 260,635,000 |
| Interest-bearing deposits | 170,754,000 | 203,034,000 | 190,264,000 | 172,377,000 |
| Noninterest-bearing deposits | 62,628,000 | 78,999,000 | 81,455,000 | 88,258,000 |
| Equity capital | 30,068,000 | 30,613,000 | 31,306,000 | 31,597,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,173,000 | 6,271,000 | 9,307,000 | 12,823,000 |
| Interest expense | 494,000 | 898,000 | 1,137,000 | 1,336,000 |
| Net interest income | 2,679,000 | 5,373,000 | 8,170,000 | 11,487,000 |
| Noninterest income | 246,000 | 473,000 | 730,000 | 988,000 |
| Noninterest expense | 1,994,000 | 4,018,000 | 6,129,000 | 8,501,000 |
| Provision for loan losses | 105,000 | 248,000 | 353,000 | 638,000 |
| Pretax income | 827,000 | 1,583,000 | 2,421,000 | 3,339,000 |
| Income tax | 216,000 | 411,000 | 549,000 | 736,000 |
| Net income | 611,000 | 1,172,000 | 1,872,000 | 2,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,021,000 | 30,582,000 | 31,282,000 | 31,598,000 |
| Total capital | 32,276,000 | 32,941,000 | 33,582,000 | 34,008,000 |
| Risk-weighted assets | 180,260,000 | 188,692,000 | 183,901,000 | 192,628,000 |