Call reports 2020
CITIZENS AND FARMERS BANK — 2020
What CITIZENS AND FARMERS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,849,083,000 | 1,948,884,000 | 2,038,814,000 | 2,053,306,000 |
| Total loans | 1,353,139,000 | 1,494,985,000 | 1,612,182,000 | 1,555,837,000 |
| Allowance for loan losses | 33,298,000 | 36,094,000 | 38,857,000 | 39,156,000 |
| Securities available for sale | 234,424,000 | 247,133,000 | 272,091,000 | 286,389,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,485,503,000 | 1,646,193,000 | 1,683,862,000 | 1,773,644,000 |
| Interest-bearing deposits | 1,149,776,000 | 1,181,091,000 | 1,179,261,000 | 1,250,260,000 |
| Noninterest-bearing deposits | 335,727,000 | 465,102,000 | 504,601,000 | 523,384,000 |
| Equity capital | 203,827,000 | 207,730,000 | 213,347,000 | 218,147,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 24,844,000 | 48,451,000 | 72,309,000 | 97,096,000 |
| Interest expense | 3,836,000 | 6,828,000 | 9,464,000 | 11,770,000 |
| Net interest income | 21,008,000 | 41,623,000 | 62,845,000 | 85,326,000 |
| Noninterest income | 8,714,000 | 18,808,000 | 34,905,000 | 53,040,000 |
| Noninterest expense | 21,696,000 | 43,329,000 | 67,694,000 | 95,246,000 |
| Provision for loan losses | 2,650,000 | 6,250,000 | 9,550,000 | 11,080,000 |
| Pretax income | 5,380,000 | 10,735,000 | 20,433,000 | 32,016,000 |
| Income tax | 1,250,000 | 2,352,000 | 4,739,000 | 7,590,000 |
| Net income | 4,069,000 | 8,325,000 | 15,511,000 | 24,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 179,765,000 | 182,243,000 | 188,127,000 | 194,487,000 |
| Total capital | 197,858,000 | 201,045,000 | 207,999,000 | 214,151,000 |
| Risk-weighted assets | 1,432,219,000 | 1,486,888,000 | 1,570,795,000 | 1,553,644,000 |