Call reports 2008
CITIZENS BANK OF EFFINGHAM — 2008
What CITIZENS BANK OF EFFINGHAM reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 225,052,000 | 224,973,000 | 242,089,000 | 241,785,000 |
| Total loans | 181,420,000 | 189,466,000 | 198,266,000 | 198,454,000 |
| Allowance for loan losses | 2,290,000 | 2,346,000 | 2,399,000 | 2,404,000 |
| Securities available for sale | 18,626,000 | 16,760,000 | 14,120,000 | 14,589,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,352,000 | 198,278,000 | 215,078,000 | 215,642,000 |
| Interest-bearing deposits | 178,447,000 | 178,676,000 | 196,492,000 | 196,668,000 |
| Noninterest-bearing deposits | 19,904,000 | 19,603,000 | 18,587,000 | 18,975,000 |
| Equity capital | 20,028,000 | 20,111,000 | 20,397,000 | 19,846,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,558,000 | 6,750,000 | 10,067,000 | 12,885,000 |
| Interest expense | 1,832,000 | 3,461,000 | 5,152,000 | 6,817,000 |
| Net interest income | 1,726,000 | 3,289,000 | 4,915,000 | 6,068,000 |
| Noninterest income | 296,000 | 613,000 | 890,000 | 1,405,000 |
| Noninterest expense | 1,312,000 | 2,584,000 | 3,843,000 | 5,023,000 |
| Provision for loan losses | 126,000 | 252,000 | 378,000 | 1,412,000 |
| Pretax income | 584,000 | 1,066,000 | 1,586,000 | 1,040,000 |
| Income tax | 201,000 | 365,000 | 556,000 | 383,000 |
| Net income | 383,000 | 701,000 | 1,030,000 | 657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,722,000 | 20,004,000 | 20,297,000 | 19,630,000 |
| Total capital | 22,012,000 | 22,350,000 | 22,696,000 | 22,034,000 |
| Risk-weighted assets | 191,639,000 | 194,831,000 | 200,808,000 | 200,797,000 |