Call reports 2014
CITIZENS BANK OF WEST VIRGINIA, INC. — 2014
What CITIZENS BANK OF WEST VIRGINIA, INC. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 213,771,000 | 214,458,000 | 214,551,000 | 220,754,000 |
| Total loans | 141,956,000 | 144,775,000 | 147,425,000 | 150,877,000 |
| Allowance for loan losses | 2,721,000 | 2,625,000 | 2,183,000 | 1,819,000 |
| Securities available for sale | 29,727,000 | 31,623,000 | 28,826,000 | 29,772,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,327,000 | 168,828,000 | 169,803,000 | 172,209,000 |
| Interest-bearing deposits | 126,672,000 | 124,260,000 | 124,453,000 | 122,485,000 |
| Noninterest-bearing deposits | 46,655,000 | 44,568,000 | 45,350,000 | 49,724,000 |
| Equity capital | 20,963,000 | 21,402,000 | 22,222,000 | 22,127,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,115,000 | 4,233,000 | 6,444,000 | 8,635,000 |
| Interest expense | 192,000 | 377,000 | 559,000 | 737,000 |
| Net interest income | 1,923,000 | 3,856,000 | 5,885,000 | 7,898,000 |
| Noninterest income | 406,000 | 840,000 | 1,620,000 | 1,624,000 |
| Noninterest expense | 1,706,000 | 3,359,000 | 5,125,000 | 7,111,000 |
| Provision for loan losses | 0 | 0 | -202,000 | -661,000 |
| Pretax income | 629,000 | 1,343,000 | 2,588,000 | 3,078,000 |
| Income tax | 167,000 | 435,000 | 742,000 | 916,000 |
| Net income | 462,000 | 908,000 | 1,846,000 | 2,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,403,000 | 21,732,000 | 22,694,000 | 23,126,000 |
| Total capital | 23,051,000 | 23,188,000 | 24,357,000 | 24,817,000 |
| Risk-weighted assets | 130,778,000 | 132,184,000 | 132,512,000 | 136,246,000 |