Call reports 2022
CITIZENS BANK OF THE SOUTH — 2022
What CITIZENS BANK OF THE SOUTH 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 | 350,147,000 | 334,539,000 | 331,249,000 | 327,443,000 |
| Total loans | 203,042,000 | 198,966,000 | 198,909,000 | 201,041,000 |
| Allowance for loan losses | 2,828,000 | 2,897,000 | 2,958,000 | 2,927,000 |
| Securities available for sale | 41,801,000 | 41,114,000 | 40,613,000 | 45,648,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 317,466,000 | 301,776,000 | 297,494,000 | 292,998,000 |
| Interest-bearing deposits | 202,797,000 | 191,473,000 | 187,921,000 | 174,300,000 |
| Noninterest-bearing deposits | 114,669,000 | 110,303,000 | 109,573,000 | 118,698,000 |
| Equity capital | 32,204,000 | 32,401,000 | 32,932,000 | 34,189,000 |
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 | 2,872,000 | 5,849,000 | 9,210,000 | 12,789,000 |
| Interest expense | 88,000 | 176,000 | 261,000 | 422,000 |
| Net interest income | 2,784,000 | 5,673,000 | 8,949,000 | 12,367,000 |
| Noninterest income | 284,000 | 580,000 | 894,000 | 1,237,000 |
| Noninterest expense | 2,312,000 | 4,551,000 | 6,915,000 | 9,192,000 |
| Provision for loan losses | 60,000 | 115,000 | 165,000 | 210,000 |
| Pretax income | 696,000 | 1,587,000 | 2,763,000 | 4,202,000 |
| Income tax | 157,000 | 388,000 | 708,000 | 922,000 |
| Net income | 539,000 | 1,199,000 | 2,055,000 | 3,280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,642,000 | 34,301,000 | 35,158,000 | 36,383,000 |
| Total capital | 36,102,000 | 36,719,000 | 37,513,000 | 38,744,000 |
| Risk-weighted assets | 196,458,000 | 192,982,000 | 187,823,000 | 188,385,000 |