Call reports 2017
CITIZENS BANK OF CAPE VINCENT — 2017
What CITIZENS BANK OF CAPE VINCENT reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 65,711,000 | 66,421,000 | 70,208,000 | 68,098,000 |
| Total loans | 33,276,000 | 32,859,000 | 32,942,000 | 33,253,000 |
| Allowance for loan losses | 645,000 | 591,000 | 607,000 | 539,000 |
| Securities available for sale | 26,657,000 | 26,189,000 | 26,861,000 | 28,369,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,399,000 | 59,826,000 | 63,559,000 | 61,638,000 |
| Interest-bearing deposits | 44,933,000 | 45,122,000 | 47,946,000 | 47,177,000 |
| Noninterest-bearing deposits | 14,466,000 | 14,704,000 | 15,613,000 | 14,461,000 |
| Equity capital | 6,058,000 | 6,302,000 | 6,358,000 | 6,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 544,000 | 1,086,000 | 1,633,000 | 2,196,000 |
| Interest expense | 42,000 | 82,000 | 121,000 | 163,000 |
| Net interest income | 502,000 | 1,004,000 | 1,512,000 | 2,033,000 |
| Noninterest income | 23,000 | 47,000 | 81,000 | 104,000 |
| Noninterest expense | 430,000 | 823,000 | 1,255,000 | 1,635,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 80,000 | 198,000 | 293,000 | 442,000 |
| Income tax | 10,000 | 27,000 | 36,000 | 121,000 |
| Net income | 70,000 | 171,000 | 257,000 | 321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,192,000 | 6,294,000 | 6,378,000 | 6,329,000 |
| Total capital | 6,538,000 | 6,636,000 | 6,725,000 | 6,679,000 |
| Risk-weighted assets | 27,377,000 | 27,132,000 | 27,511,000 | 27,839,000 |