Call reports 2024
CITIZENS BANK OF COCHRAN, THE — 2024
What CITIZENS BANK OF COCHRAN, THE 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 | 173,629,000 | 176,677,000 | 186,500,000 | 195,688,000 |
| Total loans | 141,181,000 | 142,633,000 | 151,136,000 | 150,310,000 |
| Allowance for loan losses | 1,887,000 | 1,864,000 | 1,881,000 | 2,142,000 |
| Securities available for sale | 12,950,000 | 12,351,000 | 12,094,000 | 12,998,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,830,000 | 154,133,000 | 162,248,000 | 171,302,000 |
| Interest-bearing deposits | 127,444,000 | 132,713,000 | 139,434,000 | 146,693,000 |
| Noninterest-bearing deposits | 24,386,000 | 21,420,000 | 22,814,000 | 24,609,000 |
| Equity capital | 19,847,000 | 20,732,000 | 21,933,000 | 22,421,000 |
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 | 2,907,000 | 6,004,000 | 9,302,000 | 12,750,000 |
| Interest expense | 883,000 | 1,881,000 | 2,995,000 | 4,182,000 |
| Net interest income | 2,024,000 | 4,123,000 | 6,307,000 | 8,568,000 |
| Noninterest income | 147,000 | 253,000 | 401,000 | 520,000 |
| Noninterest expense | 1,138,000 | 2,272,000 | 3,427,000 | 4,621,000 |
| Provision for loan losses | 6,000 | 17,000 | 42,000 | 311,000 |
| Pretax income | 1,027,000 | 2,087,000 | 3,201,000 | 4,269,000 |
| Income tax | 277,000 | 561,000 | 862,000 | 1,143,000 |
| Net income | 750,000 | 1,526,000 | 2,339,000 | 3,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,372,000 | 22,148,000 | 22,961,000 | 23,748,000 |
| Total capital | 22,882,000 | 23,679,000 | 24,589,000 | 25,374,000 |
| Risk-weighted assets | 120,350,000 | 122,040,000 | 129,907,000 | 129,612,000 |