Call reports 2008
CITIZENS FIRST BANK, INC. — 2008
What CITIZENS FIRST BANK, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 357,700,000 | 368,232,000 | 359,536,000 | 354,908,000 |
| Total loans | 270,933,000 | 284,420,000 | 274,953,000 | 272,298,000 |
| Allowance for loan losses | 3,248,000 | 3,248,000 | 3,246,000 | 3,816,000 |
| Securities available for sale | 39,646,000 | 38,910,000 | 42,171,000 | 39,928,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,601,000 | 307,961,000 | 284,418,000 | 279,311,000 |
| Interest-bearing deposits | 282,278,000 | 285,210,000 | 273,626,000 | 264,042,000 |
| Noninterest-bearing deposits | 13,324,000 | 22,751,000 | 10,792,000 | 15,270,000 |
| Equity capital | 40,110,000 | 40,579,000 | 40,445,000 | 38,170,000 |
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 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,441,000 | 10,566,000 | 15,725,000 | 20,531,000 |
| Interest expense | 2,574,000 | 4,956,000 | 7,258,000 | 9,329,000 |
| Net interest income | 2,867,000 | 5,610,000 | 8,467,000 | 11,202,000 |
| Noninterest income | 620,000 | 1,249,000 | 1,959,000 | 2,577,000 |
| Noninterest expense | 2,647,000 | 5,210,000 | 7,894,000 | 19,442,000 |
| Provision for loan losses | 50,000 | 277,000 | 852,000 | 1,927,000 |
| Pretax income | 790,000 | 1,372,000 | 1,680,000 | -7,590,000 |
| Income tax | 180,000 | 288,000 | 300,000 | -2,396,000 |
| Net income | 610,000 | 1,084,000 | 1,380,000 | -5,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,072,000 | 28,130,000 | 28,496,000 | 34,129,000 |
| Total capital | 30,320,000 | 31,378,000 | 31,742,000 | 37,831,000 |
| Risk-weighted assets | 291,127,000 | 303,695,000 | 292,663,000 | 296,012,000 |