Call reports 2004
CITIZENS' BANK OF CHARLESTON — 2004
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 72,380,000 | 75,912,000 | 72,868,000 | 73,759,000 |
| Total loans | 48,388,000 | 53,094,000 | 51,279,000 | 52,181,000 |
| Allowance for loan losses | 791,000 | 828,000 | 837,000 | 834,000 |
| Securities available for sale | 20,588,000 | 18,389,000 | 17,204,000 | 15,387,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,656,000 | 56,937,000 | 59,355,000 | 62,773,000 |
| Interest-bearing deposits | 49,370,000 | 47,281,000 | 50,556,000 | 50,096,000 |
| Noninterest-bearing deposits | 11,286,000 | 9,656,000 | 8,799,000 | 12,677,000 |
| Equity capital | 10,085,000 | 10,254,000 | 10,690,000 | 10,414,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 980,000 | 2,025,000 | 3,101,000 | 4,098,000 |
| Interest expense | 212,000 | 427,000 | 669,000 | 884,000 |
| Net interest income | 768,000 | 1,598,000 | 2,432,000 | 3,214,000 |
| Noninterest income | 90,000 | 184,000 | 297,000 | 403,000 |
| Noninterest expense | 370,000 | 725,000 | 1,096,000 | 1,716,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 458,000 | 997,000 | 1,543,000 | 1,781,000 |
| Income tax | 144,000 | 318,000 | 495,000 | 591,000 |
| Net income | 314,000 | 679,000 | 1,048,000 | 1,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,834,000 | 10,199,000 | 10,568,000 | 10,342,000 |
| Total capital | 10,529,000 | 10,952,000 | 11,303,000 | 11,107,000 |
| Risk-weighted assets | 55,601,000 | 60,290,000 | 58,803,000 | 61,299,000 |