Call reports 2003
CITIZENS FIRST BANK, INC. — 2003
What CITIZENS FIRST BANK, INC. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 41,966,000 | 42,976,000 | 46,275,000 | 47,209,000 |
| Total loans | 34,470,000 | 37,244,000 | 38,219,000 | 38,990,000 |
| Allowance for loan losses | 361,000 | 397,000 | 410,000 | 428,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,133,000 | 39,047,000 | 42,249,000 | 42,928,000 |
| Interest-bearing deposits | 33,408,000 | 34,365,000 | 37,053,000 | 38,342,000 |
| Noninterest-bearing deposits | 4,725,000 | 4,682,000 | 5,196,000 | 4,586,000 |
| Equity capital | 3,745,000 | 3,836,000 | 3,927,000 | 4,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 629,000 | 1,321,000 | 2,038,000 | 2,780,000 |
| Interest expense | 219,000 | 434,000 | 660,000 | 885,000 |
| Net interest income | 410,000 | 887,000 | 1,378,000 | 1,895,000 |
| Noninterest income | 34,000 | 81,000 | 125,000 | 167,000 |
| Noninterest expense | 333,000 | 671,000 | 1,035,000 | 1,394,000 |
| Provision for loan losses | 23,000 | 63,000 | 93,000 | 123,000 |
| Pretax income | 88,000 | 234,000 | 375,000 | 545,000 |
| Income tax | 29,000 | 84,000 | 134,000 | 198,000 |
| Net income | 59,000 | 150,000 | 241,000 | 347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,585,000 | 3,836,000 | 3,927,000 | 4,033,000 |
| Total capital | 3,946,000 | 4,233,000 | 4,337,000 | 4,454,000 |
| Risk-weighted assets | 29,789,000 | 31,812,000 | 33,058,000 | 33,686,000 |