Call reports 2008
CITIZENS BANK OF CAPE VINCENT — 2008
What CITIZENS BANK OF CAPE VINCENT 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 | 32,837,000 | 34,031,000 | 34,547,000 | 34,770,000 |
| Total loans | 15,015,000 | 17,593,000 | 19,478,000 | 21,242,000 |
| Allowance for loan losses | 64,000 | 69,000 | 76,000 | 90,000 |
| Securities available for sale | 9,546,000 | 10,668,000 | 10,775,000 | 10,596,000 |
| Securities held to maturity | 49,000 | 49,000 | 49,000 | 49,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,711,000 | 29,197,000 | 29,894,000 | 29,687,000 |
| Interest-bearing deposits | 20,522,000 | 20,940,000 | 21,014,000 | 22,144,000 |
| Noninterest-bearing deposits | 7,189,000 | 8,257,000 | 8,880,000 | 7,543,000 |
| Equity capital | 4,894,000 | 4,782,000 | 4,639,000 | 4,885,000 |
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 | 466,000 | 901,000 | 1,358,000 | 1,824,000 |
| Interest expense | 139,000 | 261,000 | 367,000 | 467,000 |
| Net interest income | 327,000 | 640,000 | 991,000 | 1,357,000 |
| Noninterest income | 24,000 | 57,000 | 92,000 | 129,000 |
| Noninterest expense | 275,000 | 564,000 | 819,000 | 1,161,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 35,000 |
| Pretax income | 70,000 | 121,000 | 246,000 | 290,000 |
| Income tax | 12,000 | 20,000 | 28,000 | 24,000 |
| Net income | 58,000 | 101,000 | 218,000 | 266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,786,000 | 4,829,000 | 4,858,000 | 4,906,000 |
| Total capital | 4,850,000 | 4,898,000 | 4,934,000 | 4,996,000 |
| Risk-weighted assets | 18,514,000 | 19,376,000 | 20,537,000 | 20,753,000 |