Call reports 2002
CITIZENS' BANK OF CHARLESTON — 2002
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 68,984,000 | 70,964,000 | 71,652,000 | 70,725,000 |
| Total loans | 38,911,000 | 44,679,000 | 46,954,000 | 46,773,000 |
| Allowance for loan losses | 653,000 | 684,000 | 703,000 | 719,000 |
| Securities available for sale | 24,149,000 | 20,423,000 | 19,912,000 | 18,769,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,987,000 | 61,538,000 | 59,068,000 | 60,637,000 |
| Interest-bearing deposits | 52,013,000 | 52,377,000 | 51,599,000 | 51,699,000 |
| Noninterest-bearing deposits | 7,974,000 | 9,161,000 | 7,469,000 | 8,938,000 |
| Equity capital | 8,617,000 | 9,093,000 | 9,533,000 | 9,379,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,050,000 | 2,110,000 | 3,205,000 | 4,262,000 |
| Interest expense | 396,000 | 735,000 | 1,066,000 | 1,376,000 |
| Net interest income | 654,000 | 1,375,000 | 2,139,000 | 2,886,000 |
| Noninterest income | 56,000 | 121,000 | 178,000 | 243,000 |
| Noninterest expense | 336,000 | 661,000 | 997,000 | 1,487,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 332,000 | 759,000 | 1,214,000 | 1,506,000 |
| Income tax | 85,000 | 207,000 | 344,000 | 422,000 |
| Net income | 247,000 | 552,000 | 870,000 | 1,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,549,000 | 8,854,000 | 9,172,000 | 9,026,000 |
| Total capital | 9,160,000 | 9,538,000 | 9,872,000 | 9,702,000 |
| Risk-weighted assets | 48,853,000 | 61,437,000 | 56,042,000 | 54,119,000 |