Call reports 2018
CITIZENS BANK OF CAPE VINCENT — 2018
What CITIZENS BANK OF CAPE VINCENT reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 68,147,000 | 68,317,000 | 69,843,000 | 70,719,000 |
| Total loans | 33,023,000 | 33,364,000 | 35,494,000 | 35,786,000 |
| Allowance for loan losses | 554,000 | 550,000 | 581,000 | 602,000 |
| Securities available for sale | 27,995,000 | 26,640,000 | 26,472,000 | 26,042,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,933,000 | 62,068,000 | 63,597,000 | 64,314,000 |
| Interest-bearing deposits | 47,503,000 | 46,535,000 | 47,520,000 | 48,102,000 |
| Noninterest-bearing deposits | 14,430,000 | 15,533,000 | 16,077,000 | 16,211,000 |
| Equity capital | 5,954,000 | 5,993,000 | 5,975,000 | 6,181,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 574,000 | 1,141,000 | 1,722,000 | 2,283,000 |
| Interest expense | 42,000 | 81,000 | 122,000 | 167,000 |
| Net interest income | 532,000 | 1,060,000 | 1,600,000 | 2,116,000 |
| Noninterest income | 24,000 | 30,000 | 63,000 | 93,000 |
| Noninterest expense | 439,000 | 848,000 | 1,319,000 | 1,776,000 |
| Provision for loan losses | 15,000 | 70,000 | 100,000 | 120,000 |
| Pretax income | 102,000 | 172,000 | 244,000 | 313,000 |
| Income tax | 12,000 | -8,000 | -7,000 | -10,000 |
| Net income | 90,000 | 180,000 | 251,000 | 323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,420,000 | 6,509,000 | 6,580,000 | 6,502,000 |
| Total capital | 6,770,000 | 6,858,000 | 6,942,000 | 6,864,000 |
| Risk-weighted assets | 27,799,000 | 27,751,000 | 28,750,000 | 28,683,000 |