Call reports 2014
CITIZENS BANK OF CAPE VINCENT — 2014
What CITIZENS BANK OF CAPE VINCENT reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 60,123,000 | 56,603,000 | 55,813,000 | 54,363,000 |
| Total loans | 31,095,000 | 30,758,000 | 30,519,000 | 30,831,000 |
| Allowance for loan losses | 484,000 | 526,000 | 565,000 | 599,000 |
| Securities available for sale | 19,787,000 | 18,329,000 | 19,021,000 | 19,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,420,000 | 50,724,000 | 49,832,000 | 48,361,000 |
| Interest-bearing deposits | 40,568,000 | 39,230,000 | 38,385,000 | 37,984,000 |
| Noninterest-bearing deposits | 13,852,000 | 11,494,000 | 11,447,000 | 10,377,000 |
| Equity capital | 5,430,000 | 5,610,000 | 5,720,000 | 5,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 516,000 | 1,042,000 | 1,569,000 | 2,072,000 |
| Interest expense | 38,000 | 73,000 | 107,000 | 140,000 |
| Net interest income | 478,000 | 969,000 | 1,462,000 | 1,932,000 |
| Noninterest income | 30,000 | 82,000 | 124,000 | 130,000 |
| Noninterest expense | 383,000 | 744,000 | 1,127,000 | 1,487,000 |
| Provision for loan losses | 33,000 | 75,000 | 114,000 | 159,000 |
| Pretax income | 92,000 | 232,000 | 345,000 | 416,000 |
| Income tax | 7,000 | 37,000 | 74,000 | 62,000 |
| Net income | 85,000 | 195,000 | 271,000 | 354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,603,000 | 5,713,000 | 5,789,000 | 5,720,000 |
| Total capital | 5,937,000 | 6,035,000 | 6,107,000 | 6,038,000 |
| Risk-weighted assets | 26,535,000 | 25,529,000 | 25,176,000 | 25,190,000 |