Call reports 2007
CITIZENS BANK OF CAPE VINCENT — 2007
What CITIZENS BANK OF CAPE VINCENT reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 26,268,000 | 29,315,000 | 31,065,000 | 31,095,000 |
| Total loans | 10,036,000 | 11,622,000 | 12,978,000 | 13,947,000 |
| Allowance for loan losses | 59,000 | 60,000 | 60,000 | 58,000 |
| Securities available for sale | 0 | 0 | 0 | 11,640,000 |
| Securities held to maturity | 11,435,000 | 11,878,000 | 11,895,000 | 49,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,181,000 | 24,172,000 | 25,967,000 | 26,015,000 |
| Interest-bearing deposits | 15,256,000 | 17,240,000 | 18,735,000 | 18,676,000 |
| Noninterest-bearing deposits | 5,925,000 | 6,932,000 | 7,232,000 | 7,339,000 |
| Equity capital | 4,822,000 | 4,878,000 | 4,818,000 | 4,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 369,000 | 745,000 | 1,173,000 | 1,605,000 |
| Interest expense | 64,000 | 156,000 | 270,000 | 402,000 |
| Net interest income | 305,000 | 589,000 | 903,000 | 1,203,000 |
| Noninterest income | 15,000 | 36,000 | 64,000 | 94,000 |
| Noninterest expense | 268,000 | 509,000 | 816,000 | 1,173,000 |
| Provision for loan losses | 9,000 | 9,000 | 9,000 | 9,000 |
| Pretax income | 43,000 | 107,000 | 142,000 | 115,000 |
| Income tax | 4,000 | 12,000 | 19,000 | -6,000 |
| Net income | 39,000 | 95,000 | 123,000 | 121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,822,000 | 4,878,000 | 4,818,000 | 4,816,000 |
| Total capital | 4,881,000 | 4,938,000 | 4,878,000 | 4,874,000 |
| Risk-weighted assets | 14,608,000 | 14,101,000 | 18,948,000 | 18,881,000 |