Call reports 2020
CITIZENS BANK OF WEST VIRGINIA, INC. — 2020
What CITIZENS BANK OF WEST VIRGINIA, INC. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 295,203,000 | 309,179,000 | 310,427,000 | 321,914,000 |
| Total loans | 228,050,000 | 251,401,000 | 260,728,000 | 255,832,000 |
| Allowance for loan losses | 2,621,000 | 2,771,000 | 3,146,000 | 3,037,000 |
| Securities available for sale | 14,929,000 | 15,855,000 | 11,041,000 | 10,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,404,000 | 257,587,000 | 261,021,000 | 273,003,000 |
| Interest-bearing deposits | 182,469,000 | 182,539,000 | 186,873,000 | 195,594,000 |
| Noninterest-bearing deposits | 64,935,000 | 75,048,000 | 74,148,000 | 77,409,000 |
| Equity capital | 29,436,000 | 30,369,000 | 31,396,000 | 31,899,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,353,000 | 6,657,000 | 10,166,000 | 14,014,000 |
| Interest expense | 524,000 | 962,000 | 1,320,000 | 1,659,000 |
| Net interest income | 2,829,000 | 5,695,000 | 8,846,000 | 12,355,000 |
| Noninterest income | 721,000 | 1,617,000 | 2,793,000 | 3,311,000 |
| Noninterest expense | 2,349,000 | 4,537,000 | 6,869,000 | 9,188,000 |
| Provision for loan losses | 211,000 | 361,000 | 751,000 | 1,052,000 |
| Pretax income | 990,000 | 2,414,000 | 4,020,000 | 5,427,000 |
| Income tax | 191,000 | 476,000 | 823,000 | 1,104,000 |
| Net income | 799,000 | 1,938,000 | 3,197,000 | 4,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,666,000 | 32,541,000 | 33,535,000 | 34,329,000 |
| Total capital | 34,183,000 | 35,152,000 | 36,261,000 | 37,115,000 |
| Risk-weighted assets | 201,220,000 | 208,752,000 | 217,635,000 | 222,628,000 |