Call reports 2003
CITIZENS' BANK OF CHARLESTON — 2003
What CITIZENS' BANK OF CHARLESTON 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 | 70,365,000 | 71,601,000 | 69,842,000 | 72,457,000 |
| Total loans | 46,171,000 | 50,663,000 | 50,061,000 | 48,966,000 |
| Allowance for loan losses | 714,000 | 801,000 | 808,000 | 809,000 |
| Securities available for sale | 18,852,000 | 16,552,000 | 14,908,000 | 15,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,395,000 | 59,591,000 | 57,492,000 | 62,216,000 |
| Interest-bearing deposits | 51,503,000 | 49,685,000 | 47,424,000 | 50,550,000 |
| Noninterest-bearing deposits | 8,892,000 | 9,906,000 | 10,068,000 | 11,666,000 |
| Equity capital | 9,644,000 | 9,781,000 | 10,147,000 | 9,740,000 |
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 | 990,000 | 2,022,000 | 3,085,000 | 4,089,000 |
| Interest expense | 283,000 | 540,000 | 782,000 | 1,002,000 |
| Net interest income | 707,000 | 1,482,000 | 2,303,000 | 3,087,000 |
| Noninterest income | 69,000 | 156,000 | 258,000 | 351,000 |
| Noninterest expense | 357,000 | 698,000 | 1,055,000 | 1,594,000 |
| Provision for loan losses | 30,000 | 260,000 | 260,000 | 260,000 |
| Pretax income | 389,000 | 680,000 | 1,246,000 | 1,584,000 |
| Income tax | 114,000 | 268,000 | 369,000 | 478,000 |
| Net income | 275,000 | 412,000 | 877,000 | 1,106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,301,000 | 9,438,000 | 9,893,000 | 9,520,000 |
| Total capital | 9,971,000 | 10,154,000 | 10,599,000 | 10,219,000 |
| Risk-weighted assets | 53,576,000 | 57,289,000 | 56,422,000 | 56,055,000 |