Call reports 2008
CITIZENS BANK OF LOGAN, THE — 2008
What CITIZENS BANK OF LOGAN, THE 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 | 229,859,000 | 234,662,000 | 239,279,000 | 235,592,000 |
| Total loans | 180,391,000 | 184,315,000 | 189,246,000 | 190,658,000 |
| Allowance for loan losses | 2,079,000 | 2,039,000 | 2,089,000 | 2,330,000 |
| Securities available for sale | 34,986,000 | 33,986,000 | 35,914,000 | 32,919,000 |
| Securities held to maturity | 41,000 | 23,000 | 23,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,652,000 | 202,640,000 | 209,339,000 | 208,426,000 |
| Interest-bearing deposits | 175,801,000 | 184,724,000 | 190,970,000 | 191,646,000 |
| Noninterest-bearing deposits | 17,851,000 | 17,916,000 | 18,369,000 | 16,780,000 |
| Equity capital | 20,701,000 | 20,751,000 | 21,425,000 | 21,349,000 |
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 | 3,845,000 | 7,625,000 | 11,485,000 | 15,320,000 |
| Interest expense | 1,772,000 | 3,299,000 | 4,861,000 | 6,424,000 |
| Net interest income | 2,073,000 | 4,326,000 | 6,624,000 | 8,896,000 |
| Noninterest income | 428,000 | 828,000 | 1,195,000 | 1,540,000 |
| Noninterest expense | 1,796,000 | 3,526,000 | 5,358,000 | 7,221,000 |
| Provision for loan losses | 69,000 | 217,000 | 286,000 | 575,000 |
| Pretax income | 636,000 | 1,411,000 | 2,175,000 | 2,640,000 |
| Income tax | 172,000 | 394,000 | 599,000 | 696,000 |
| Net income | 464,000 | 1,017,000 | 1,576,000 | 1,944,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,049,000 | 20,552,000 | 21,110,000 | 20,789,000 |
| Total capital | 22,128,000 | 22,591,000 | 23,199,000 | 23,041,000 |
| Risk-weighted assets | 189,733,000 | 193,980,000 | 197,032,000 | 180,096,000 |