Call reports 2004
CITIZENS BANK OF EFFINGHAM — 2004
What CITIZENS BANK OF EFFINGHAM reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 112,836,000 | 113,635,000 | 120,004,000 | 128,098,000 |
| Total loans | 90,893,000 | 96,598,000 | 99,745,000 | 106,676,000 |
| Allowance for loan losses | 1,231,000 | 1,278,000 | 1,223,000 | 1,254,000 |
| Securities available for sale | 9,813,000 | 9,281,000 | 9,179,000 | 8,903,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,596,000 | 103,934,000 | 108,110,000 | 116,142,000 |
| Interest-bearing deposits | 88,987,000 | 87,659,000 | 92,052,000 | 98,846,000 |
| Noninterest-bearing deposits | 14,609,000 | 16,276,000 | 16,059,000 | 17,297,000 |
| Equity capital | 8,823,000 | 9,016,000 | 9,517,000 | 9,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,475,000 | 3,054,000 | 4,729,000 | 6,630,000 |
| Interest expense | 434,000 | 852,000 | 1,293,000 | 1,817,000 |
| Net interest income | 1,041,000 | 2,202,000 | 3,436,000 | 4,813,000 |
| Noninterest income | 197,000 | 405,000 | 610,000 | 832,000 |
| Noninterest expense | 641,000 | 1,334,000 | 1,999,000 | 2,695,000 |
| Provision for loan losses | 90,000 | 180,000 | 290,000 | 470,000 |
| Pretax income | 507,000 | 1,093,000 | 1,757,000 | 2,480,000 |
| Income tax | 140,000 | 375,000 | 607,000 | 864,000 |
| Net income | 367,000 | 718,000 | 1,150,000 | 1,616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,724,000 | 9,074,000 | 9,506,000 | 9,717,000 |
| Total capital | 9,908,000 | 10,312,000 | 10,729,000 | 10,971,000 |
| Risk-weighted assets | 94,684,000 | 99,000,000 | 102,783,000 | 109,787,000 |