Call reports 2003
CITIZENS BANK OF EFFINGHAM — 2003
What CITIZENS BANK OF EFFINGHAM reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 106,544,000 | 108,200,000 | 109,097,000 | 109,346,000 |
| Total loans | 86,670,000 | 87,561,000 | 87,171,000 | 86,059,000 |
| Allowance for loan losses | 1,023,000 | 1,133,000 | 1,184,000 | 1,107,000 |
| Securities available for sale | 8,638,000 | 7,072,000 | 8,830,000 | 9,455,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,963,000 | 97,455,000 | 98,276,000 | 98,266,000 |
| Interest-bearing deposits | 82,388,000 | 84,888,000 | 85,646,000 | 85,920,000 |
| Noninterest-bearing deposits | 13,575,000 | 12,567,000 | 12,630,000 | 12,346,000 |
| Equity capital | 7,623,000 | 7,945,000 | 8,079,000 | 8,427,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,488,000 | 3,029,000 | 4,521,000 | 6,006,000 |
| Interest expense | 572,000 | 1,125,000 | 1,648,000 | 2,122,000 |
| Net interest income | 916,000 | 1,904,000 | 2,873,000 | 3,884,000 |
| Noninterest income | 143,000 | 297,000 | 460,000 | 662,000 |
| Noninterest expense | 585,000 | 1,175,000 | 1,803,000 | 2,515,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 270,000 |
| Pretax income | 384,000 | 846,000 | 1,260,000 | 1,761,000 |
| Income tax | 137,000 | 301,000 | 471,000 | 610,000 |
| Net income | 247,000 | 545,000 | 789,000 | 1,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,452,000 | 7,750,000 | 7,994,000 | 8,357,000 |
| Total capital | 8,475,000 | 8,863,000 | 9,103,000 | 9,464,000 |
| Risk-weighted assets | 87,699,000 | 89,033,000 | 88,623,000 | 88,945,000 |