Call reports 2023
CITIZENS BANK OF KENTUCKY, INC — 2023
What CITIZENS BANK OF KENTUCKY, INC reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 685,036,000 | 698,940,000 | 669,146,000 | 659,813,000 |
| Total loans | 292,543,000 | 300,028,000 | 305,914,000 | 313,803,000 |
| Allowance for loan losses | 4,586,000 | 4,675,000 | 4,783,000 | 4,877,000 |
| Securities available for sale | 317,454,000 | 298,957,000 | 276,405,000 | 281,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 591,608,000 | 617,359,000 | 595,654,000 | 572,661,000 |
| Interest-bearing deposits | 404,424,000 | 424,609,000 | 420,618,000 | 409,113,000 |
| Noninterest-bearing deposits | 187,184,000 | 192,750,000 | 175,036,000 | 163,548,000 |
| Equity capital | 77,401,000 | 74,155,000 | 65,044,000 | 79,672,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,911,000 | 12,240,000 | 18,728,000 | 25,235,000 |
| Interest expense | 713,000 | 2,054,000 | 3,715,000 | 5,496,000 |
| Net interest income | 5,198,000 | 10,186,000 | 15,013,000 | 19,739,000 |
| Noninterest income | 1,206,000 | 2,466,000 | 3,718,000 | 5,012,000 |
| Noninterest expense | 4,543,000 | 8,919,000 | 13,355,000 | 17,404,000 |
| Provision for loan losses | 0 | 81,000 | 192,000 | 274,000 |
| Pretax income | 1,861,000 | 3,664,000 | 5,187,000 | 6,981,000 |
| Income tax | 256,000 | 508,000 | 753,000 | 1,109,000 |
| Net income | 1,605,000 | 3,156,000 | 4,434,000 | 5,872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,573,000 | 83,351,000 | 83,773,000 | 84,451,000 |
| Total capital | 86,990,000 | 87,846,000 | 88,356,000 | 89,077,000 |
| Risk-weighted assets | 353,150,000 | 359,372,000 | 366,392,000 | 369,756,000 |