Call reports 2008
CITIZENS FIRST BANK, INC. — 2008
What CITIZENS FIRST BANK, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Total assets | 61,673,000 | 68,089,000 | 65,969,000 |
| Total loans | 45,964,000 | 45,648,000 | 45,921,000 |
| Allowance for loan losses | 551,000 | 468,000 | 465,000 |
| Securities available for sale | 4,104,000 | 3,696,000 | 3,690,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 55,192,000 | 55,786,000 | 53,842,000 |
| Interest-bearing deposits | 47,473,000 | 47,174,000 | 45,482,000 |
| Noninterest-bearing deposits | 7,719,000 | 8,612,000 | 8,360,000 |
| Equity capital | 6,096,000 | 11,783,000 | 11,713,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Interest income | 1,047,000 | 641,000 | 1,621,000 |
| Interest expense | 422,000 | 196,000 | 482,000 |
| Net interest income | 625,000 | 445,000 | 1,139,000 |
| Noninterest income | 77,000 | 69,000 | 176,000 |
| Noninterest expense | 449,000 | 326,000 | 775,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 253,000 | 188,000 | 540,000 |
| Income tax | 88,000 | 61,000 | 185,000 |
| Net income | 165,000 | 127,000 | 355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Tier 1 capital | 6,026,000 | 6,042,000 | 6,001,000 |
| Total capital | 6,532,000 | 6,510,000 | 6,466,000 |
| Risk-weighted assets | 40,429,000 | 40,216,000 | 40,174,000 |