Call reports 2008
CITIZENS BANK AND TRUST OF WEST GEORGIA — 2008
What CITIZENS BANK AND TRUST OF WEST GEORGIA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Total assets | 504,456,000 | 487,469,000 | 469,525,000 |
| Total loans | 376,251,000 | 360,693,000 | 347,719,000 |
| Allowance for loan losses | 6,740,000 | 8,878,000 | 10,752,000 |
| Securities available for sale | 90,411,000 | 86,112,000 | 81,577,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 391,198,000 | 385,260,000 | 393,836,000 |
| Interest-bearing deposits | 373,146,000 | 367,599,000 | 377,958,000 |
| Noninterest-bearing deposits | 18,052,000 | 17,661,000 | 15,878,000 |
| Equity capital | 40,627,000 | 38,500,000 | 40,747,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Interest income | 7,930,000 | 14,677,000 | 21,087,000 |
| Interest expense | 3,967,000 | 7,295,000 | 10,472,000 |
| Net interest income | 3,963,000 | 7,382,000 | 10,615,000 |
| Noninterest income | 1,326,000 | 624,000 | -1,601,000 |
| Noninterest expense | 3,830,000 | 7,536,000 | 12,427,000 |
| Provision for loan losses | -196,000 | 6,901,000 | 11,301,000 |
| Pretax income | 1,655,000 | -6,431,000 | -14,714,000 |
| Income tax | 604,000 | -2,558,000 | -5,794,000 |
| Net income | 1,051,000 | -3,873,000 | -8,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Tier 1 capital | 38,360,000 | 37,468,000 | 39,733,000 |
| Total capital | 43,279,000 | 42,312,000 | 44,381,000 |
| Risk-weighted assets | 391,742,000 | 383,496,000 | 365,614,000 |