Call reports 2023
CITIZENS BANK OF GEORGIA, THE — 2023
What CITIZENS BANK OF GEORGIA, THE 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 | 512,563,000 | 502,659,000 | 522,911,000 | 518,557,000 |
| Total loans | 262,434,000 | 270,168,000 | 277,439,000 | 283,747,000 |
| Allowance for loan losses | 3,915,000 | 3,915,000 | 3,915,000 | 3,780,000 |
| Securities available for sale | 192,198,000 | 183,098,000 | 179,991,000 | 190,784,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 473,112,000 | 464,084,000 | 484,286,000 | 475,602,000 |
| Interest-bearing deposits | 280,880,000 | 279,401,000 | 290,847,000 | 295,361,000 |
| Noninterest-bearing deposits | 192,232,000 | 184,683,000 | 193,440,000 | 180,241,000 |
| Equity capital | 37,989,000 | 37,610,000 | 37,449,000 | 41,715,000 |
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 | 5,040,000 | 10,262,000 | 15,935,000 | 21,976,000 |
| Interest expense | 676,000 | 1,764,000 | 3,086,000 | 4,632,000 |
| Net interest income | 4,364,000 | 8,498,000 | 12,849,000 | 17,344,000 |
| Noninterest income | 289,000 | 577,000 | 860,000 | 1,136,000 |
| Noninterest expense | 2,362,000 | 4,694,000 | 7,013,000 | 9,298,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | -75,000 |
| Pretax income | 2,266,000 | 4,356,000 | 6,671,000 | 9,157,000 |
| Income tax | 578,000 | 1,111,000 | 1,701,000 | 2,202,000 |
| Net income | 1,688,000 | 3,245,000 | 4,970,000 | 6,955,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,692,000 | 50,250,000 | 51,975,000 | 51,934,000 |
| Total capital | 52,576,000 | 54,209,000 | 55,949,000 | 55,872,000 |
| Risk-weighted assets | 310,609,000 | 316,716,000 | 322,306,000 | 324,629,000 |