Call reports 2014
CITIZENS AND FARMERS BANK — 2014
What CITIZENS AND FARMERS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,335,838,000 | 1,344,576,000 | 1,312,319,000 | 1,336,295,000 |
| Total loans | 846,064,000 | 859,246,000 | 862,037,000 | 863,437,000 |
| Allowance for loan losses | 34,908,000 | 35,259,000 | 35,573,000 | 35,606,000 |
| Securities available for sale | 211,799,000 | 217,308,000 | 220,093,000 | 221,897,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,027,635,000 | 1,040,057,000 | 1,001,898,000 | 1,026,225,000 |
| Interest-bearing deposits | 856,191,000 | 862,890,000 | 830,026,000 | 864,270,000 |
| Noninterest-bearing deposits | 171,444,000 | 177,167,000 | 171,872,000 | 161,955,000 |
| Equity capital | 139,762,000 | 141,868,000 | 144,830,000 | 145,790,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 21,253,000 | 42,930,000 | 64,734,000 | 86,347,000 |
| Interest expense | 1,983,000 | 3,889,000 | 5,765,000 | 7,565,000 |
| Net interest income | 19,270,000 | 39,041,000 | 58,969,000 | 78,782,000 |
| Noninterest income | 4,847,000 | 10,141,000 | 14,769,000 | 19,433,000 |
| Noninterest expense | 15,896,000 | 31,702,000 | 46,971,000 | 62,485,000 |
| Provision for loan losses | 3,510,000 | 6,775,000 | 10,915,000 | 16,330,000 |
| Pretax income | 4,711,000 | 10,708,000 | 15,878,000 | 19,429,000 |
| Income tax | 1,391,000 | 3,223,000 | 4,758,000 | 5,623,000 |
| Net income | 3,320,000 | 7,485,000 | 11,120,000 | 13,806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 118,772,000 | 121,495,000 | 122,534,000 | 117,753,000 |
| Total capital | 129,588,000 | 132,769,000 | 133,869,000 | 129,228,000 |
| Risk-weighted assets | 841,984,000 | 877,946,000 | 883,316,000 | 894,084,000 |