Call reports 2008
CITIZENS AND FARMERS BANK — 2008
What CITIZENS AND FARMERS BANK 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 | 787,410,000 | 839,449,000 | 842,034,000 | 847,034,000 |
| Total loans | 635,666,000 | 679,467,000 | 690,543,000 | 683,179,000 |
| Allowance for loan losses | 16,433,000 | 17,526,000 | 18,086,000 | 19,806,000 |
| Securities available for sale | 83,417,000 | 86,632,000 | 85,807,000 | 98,991,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 534,671,000 | 550,245,000 | 552,478,000 | 550,880,000 |
| Interest-bearing deposits | 450,511,000 | 461,477,000 | 462,711,000 | 473,149,000 |
| Noninterest-bearing deposits | 84,160,000 | 88,768,000 | 89,767,000 | 77,731,000 |
| Equity capital | 80,305,000 | 79,692,000 | 80,414,000 | 80,607,000 |
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 | 15,843,000 | 31,690,000 | 48,032,000 | 63,936,000 |
| Interest expense | 5,337,000 | 10,387,000 | 15,387,000 | 20,089,000 |
| Net interest income | 10,506,000 | 21,303,000 | 32,645,000 | 43,847,000 |
| Noninterest income | 6,018,000 | 13,173,000 | 20,279,000 | 26,404,000 |
| Noninterest expense | 11,919,000 | 24,482,000 | 37,140,000 | 48,711,000 |
| Provision for loan losses | 2,397,000 | 5,572,000 | 8,717,000 | 13,766,000 |
| Pretax income | 2,241,000 | 4,475,000 | 7,276,000 | 8,001,000 |
| Income tax | 570,000 | 1,152,000 | 1,929,000 | 1,885,000 |
| Net income | 1,671,000 | 3,323,000 | 5,347,000 | 6,116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,180,000 | 69,576,000 | 71,160,000 | 72,579,000 |
| Total capital | 77,349,000 | 78,172,000 | 79,784,000 | 81,174,000 |
| Risk-weighted assets | 645,228,000 | 678,733,000 | 680,466,000 | 676,366,000 |