Call reports 2020
CITIZENS BANK OF CAPE VINCENT — 2020
What CITIZENS BANK OF CAPE VINCENT reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 68,030,000 | 72,500,000 | 76,473,000 | 78,289,000 |
| Total loans | 34,756,000 | 35,852,000 | 37,607,000 | 37,559,000 |
| Allowance for loan losses | 606,000 | 619,000 | 634,000 | 647,000 |
| Securities available for sale | 26,440,000 | 28,014,000 | 29,472,000 | 33,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,003,000 | 64,726,000 | 68,557,000 | 70,416,000 |
| Interest-bearing deposits | 43,524,000 | 44,070,000 | 46,867,000 | 49,462,000 |
| Noninterest-bearing deposits | 17,479,000 | 20,656,000 | 21,690,000 | 20,954,000 |
| Equity capital | 6,752,000 | 7,362,000 | 7,485,000 | 7,338,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 604,000 | 1,175,000 | 1,761,000 | 2,348,000 |
| Interest expense | 39,000 | 72,000 | 102,000 | 131,000 |
| Net interest income | 565,000 | 1,103,000 | 1,659,000 | 2,217,000 |
| Noninterest income | 20,000 | 25,000 | 14,000 | 30,000 |
| Noninterest expense | 492,000 | 907,000 | 1,364,000 | 1,890,000 |
| Provision for loan losses | 15,000 | 30,000 | 40,000 | 51,000 |
| Pretax income | 78,000 | 191,000 | 269,000 | 306,000 |
| Income tax | 8,000 | 18,000 | 20,000 | 41,000 |
| Net income | 70,000 | 173,000 | 249,000 | 265,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,635,000 | 6,736,000 | 6,813,000 | 6,679,000 |
| Total capital | 6,982,000 | — | — | — |
| Risk-weighted assets | 27,490,000 | — | — | — |