Call reports 2003
CITIZENS BANK AND TRUST OF WEST GEORGIA — 2003
What CITIZENS BANK AND TRUST OF WEST GEORGIA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 459,822,000 | 468,580,000 | 468,485,000 | 459,445,000 |
| Total loans | 359,950,000 | 366,276,000 | 360,692,000 | 357,068,000 |
| Allowance for loan losses | 5,001,000 | 5,074,000 | 5,317,000 | 5,133,000 |
| Securities available for sale | 69,685,000 | 70,089,000 | 84,548,000 | 78,971,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 348,783,000 | 344,830,000 | 339,134,000 | 327,871,000 |
| Interest-bearing deposits | 300,060,000 | 295,920,000 | 291,192,000 | 281,156,000 |
| Noninterest-bearing deposits | 48,723,000 | 48,910,000 | 47,942,000 | 46,715,000 |
| Equity capital | 34,114,000 | 35,069,000 | 35,306,000 | 35,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 7,715,000 | 15,358,000 | 22,857,000 | 30,268,000 |
| Interest expense | 2,442,000 | 4,806,000 | 6,855,000 | 8,680,000 |
| Net interest income | 5,273,000 | 10,552,000 | 16,002,000 | 21,588,000 |
| Noninterest income | 1,137,000 | 2,221,000 | 3,414,000 | 4,609,000 |
| Noninterest expense | 3,054,000 | 6,179,000 | 9,400,000 | 12,694,000 |
| Provision for loan losses | 315,000 | 810,000 | 1,305,000 | 1,800,000 |
| Pretax income | 3,041,000 | 5,841,000 | 8,858,000 | 12,000,000 |
| Income tax | 1,120,000 | 2,141,000 | 3,264,000 | 4,424,000 |
| Net income | 1,921,000 | 3,700,000 | 5,594,000 | 7,576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,696,000 | 33,605,000 | 34,195,000 | 34,950,000 |
| Total capital | 37,094,000 | 38,019,000 | 38,679,000 | 39,321,000 |
| Risk-weighted assets | 351,265,000 | 352,452,000 | 357,901,000 | 348,944,000 |