Call reports 2016
CITIZENS BANK OF CAPE VINCENT — 2016
What CITIZENS BANK OF CAPE VINCENT reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 63,327,000 | 62,542,000 | 64,687,000 | 63,479,000 |
| Total loans | 32,484,000 | 32,576,000 | 33,317,000 | 32,982,000 |
| Allowance for loan losses | 636,000 | 649,000 | 616,000 | 629,000 |
| Securities available for sale | 24,341,000 | 24,345,000 | 22,936,000 | 24,179,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,997,000 | 55,936,000 | 58,096,000 | 57,227,000 |
| Interest-bearing deposits | 45,039,000 | 43,520,000 | 44,504,000 | 45,518,000 |
| Noninterest-bearing deposits | 11,958,000 | 12,416,000 | 13,592,000 | 11,709,000 |
| Equity capital | 6,108,000 | 6,335,000 | 6,336,000 | 5,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 544,000 | 1,077,000 | 1,615,000 | 2,147,000 |
| Interest expense | 42,000 | 80,000 | 117,000 | 157,000 |
| Net interest income | 502,000 | 997,000 | 1,498,000 | 1,990,000 |
| Noninterest income | 23,000 | 51,000 | 94,000 | 121,000 |
| Noninterest expense | 413,000 | 819,000 | 1,253,000 | 1,637,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 97,000 | 199,000 | 294,000 | 414,000 |
| Income tax | 5,000 | 17,000 | 32,000 | 62,000 |
| Net income | 92,000 | 182,000 | 262,000 | 352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,012,000 | 6,102,000 | 6,182,000 | 6,131,000 |
| Total capital | 6,350,000 | 6,436,000 | 6,519,000 | 6,470,000 |
| Risk-weighted assets | 26,777,000 | 26,436,000 | 26,703,000 | 26,810,000 |