Call reports 2024
CITIZENS BANK OF WEST VIRGINIA, INC. — 2024
What CITIZENS BANK OF WEST VIRGINIA, INC. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 673,101,000 | 681,531,000 | 692,196,000 | 666,706,000 |
| Total loans | 535,424,000 | 548,273,000 | 552,448,000 | 549,543,000 |
| Allowance for loan losses | 4,929,000 | 5,005,000 | 5,092,000 | 5,196,000 |
| Securities available for sale | 82,101,000 | 84,442,000 | 86,115,000 | 68,027,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 576,179,000 | 582,331,000 | 590,892,000 | 591,413,000 |
| Interest-bearing deposits | 463,661,000 | 473,369,000 | 483,906,000 | 481,029,000 |
| Noninterest-bearing deposits | 112,518,000 | 108,962,000 | 106,986,000 | 110,384,000 |
| Equity capital | 58,399,000 | 60,346,000 | 63,421,000 | 64,090,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,581,000 | 17,643,000 | 27,348,000 | 37,255,000 |
| Interest expense | 3,428,000 | 7,128,000 | 10,984,000 | 14,595,000 |
| Net interest income | 5,153,000 | 10,515,000 | 16,364,000 | 22,660,000 |
| Noninterest income | 998,000 | 2,090,000 | 3,134,000 | 4,335,000 |
| Noninterest expense | 3,433,000 | 7,039,000 | 10,630,000 | 14,219,000 |
| Provision for loan losses | 556,000 | 1,091,000 | 1,651,000 | 2,212,000 |
| Pretax income | 2,162,000 | 4,475,000 | 7,217,000 | 10,564,000 |
| Income tax | 418,000 | 932,000 | 1,505,000 | 2,236,000 |
| Net income | 1,744,000 | 3,543,000 | 5,712,000 | 8,328,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,381,000 | 61,972,000 | 63,620,000 | 64,094,000 |
| Total capital | 65,363,000 | 67,030,000 | 68,765,000 | 69,343,000 |
| Risk-weighted assets | 576,921,000 | 587,199,000 | 591,220,000 | 591,741,000 |