Call reports 2023
CITIZENS BANK OF WEST VIRGINIA, INC. — 2023
What CITIZENS BANK OF WEST VIRGINIA, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 593,431,000 | 600,483,000 | 621,713,000 | 651,855,000 |
| Total loans | 459,580,000 | 479,804,000 | 503,794,000 | 525,435,000 |
| Allowance for loan losses | 3,949,000 | 4,084,000 | 4,253,000 | 4,599,000 |
| Securities available for sale | 88,178,000 | 81,910,000 | 81,370,000 | 83,461,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 522,013,000 | 528,414,000 | 543,808,000 | 578,737,000 |
| Interest-bearing deposits | 406,179,000 | 417,949,000 | 434,333,000 | 467,447,000 |
| Noninterest-bearing deposits | 115,834,000 | 110,465,000 | 109,475,000 | 111,290,000 |
| Equity capital | 54,678,000 | 54,983,000 | 55,890,000 | 57,143,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,256,000 | 12,881,000 | 20,231,000 | 28,324,000 |
| Interest expense | 1,695,000 | 3,744,000 | 6,273,000 | 9,278,000 |
| Net interest income | 4,561,000 | 9,137,000 | 13,958,000 | 19,046,000 |
| Noninterest income | 913,000 | 1,933,000 | 2,854,000 | 3,974,000 |
| Noninterest expense | 3,119,000 | 6,250,000 | 9,440,000 | 12,868,000 |
| Provision for loan losses | 180,000 | 416,000 | 652,000 | 1,198,000 |
| Pretax income | 2,175,000 | 4,404,000 | 6,720,000 | 8,954,000 |
| Income tax | 370,000 | 901,000 | 1,411,000 | 1,876,000 |
| Net income | 1,805,000 | 3,503,000 | 5,309,000 | 7,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,009,000 | 58,143,000 | 59,385,000 | 58,954,000 |
| Total capital | 61,011,000 | 62,280,000 | 63,691,000 | 63,606,000 |
| Risk-weighted assets | 501,832,000 | 525,457,000 | 546,212,000 | 563,689,000 |