Call reports 2003
CITIZENS BANK OF CAPE VINCENT — 2003
What CITIZENS BANK OF CAPE VINCENT reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 22,608,000 | 23,050,000 | 24,577,000 | 24,138,000 |
| Total loans | 6,809,000 | 6,899,000 | 7,054,000 | 6,783,000 |
| Allowance for loan losses | 168,000 | 43,000 | 61,000 | 61,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 11,152,000 | 10,783,000 | 10,880,000 | 11,813,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,052,000 | 18,421,000 | 19,914,000 | 19,416,000 |
| Interest-bearing deposits | 13,689,000 | 13,141,000 | 14,207,000 | 14,453,000 |
| Noninterest-bearing deposits | 4,363,000 | 5,280,000 | 5,707,000 | 4,963,000 |
| Equity capital | 4,544,000 | 4,612,000 | 4,619,000 | 4,695,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 312,000 | 626,000 | 947,000 | 1,343,000 |
| Interest expense | 58,000 | 110,000 | 162,000 | 219,000 |
| Net interest income | 254,000 | 516,000 | 785,000 | 1,124,000 |
| Noninterest income | 14,000 | 21,000 | 37,000 | 54,000 |
| Noninterest expense | 164,000 | 358,000 | 509,000 | 760,000 |
| Provision for loan losses | 0 | 0 | 18,000 | 18,000 |
| Pretax income | 104,000 | 179,000 | 295,000 | 400,000 |
| Income tax | 14,000 | 20,000 | 41,000 | 70,000 |
| Net income | 90,000 | 159,000 | 254,000 | 330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,544,000 | 4,612,000 | 4,619,000 | 4,695,000 |
| Total capital | 4,701,000 | 4,655,000 | 4,680,000 | 4,756,000 |
| Risk-weighted assets | 12,527,000 | 12,536,000 | 13,124,000 | 13,629,000 |