Call reports 2013
CITIZENS BANK OF CAPE VINCENT — 2013
What CITIZENS BANK OF CAPE VINCENT reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 54,312,000 | 58,824,000 | 57,076,000 | 58,119,000 |
| Total loans | 30,440,000 | 30,878,000 | 30,260,000 | 30,541,000 |
| Allowance for loan losses | 395,000 | 422,000 | 439,000 | 459,000 |
| Securities available for sale | 18,117,000 | 18,428,000 | 17,709,000 | 17,516,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,595,000 | 53,266,000 | 51,439,000 | 52,414,000 |
| Interest-bearing deposits | 38,963,000 | 42,701,000 | 41,104,000 | 40,653,000 |
| Noninterest-bearing deposits | 9,632,000 | 10,565,000 | 10,335,000 | 11,761,000 |
| Equity capital | 5,400,000 | 5,266,000 | 5,311,000 | 5,312,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 535,000 | 1,066,000 | 1,603,000 | 2,118,000 |
| Interest expense | 65,000 | 114,000 | 155,000 | 191,000 |
| Net interest income | 470,000 | 952,000 | 1,448,000 | 1,927,000 |
| Noninterest income | 31,000 | 86,000 | 130,000 | 158,000 |
| Noninterest expense | 367,000 | 744,000 | 1,133,000 | 1,570,000 |
| Provision for loan losses | 45,000 | 70,000 | 90,000 | 110,000 |
| Pretax income | 89,000 | 224,000 | 355,000 | 405,000 |
| Income tax | 6,000 | 28,000 | 60,000 | 53,000 |
| Net income | 83,000 | 196,000 | 295,000 | 352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,310,000 | 5,423,000 | 5,522,000 | 5,517,000 |
| Total capital | 5,624,000 | 5,775,000 | 5,871,000 | 5,829,000 |
| Risk-weighted assets | 25,037,000 | 28,098,000 | 27,868,000 | 24,783,000 |