Call reports 2007
CITIZENS' BANK OF CHARLESTON — 2007
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 81,282,000 | 86,035,000 | 89,057,000 | 91,996,000 |
| Total loans | 66,453,000 | 72,406,000 | 66,974,000 | 66,808,000 |
| Allowance for loan losses | 997,000 | 897,000 | 899,000 | 903,000 |
| Securities available for sale | 7,048,000 | 6,442,000 | 6,216,000 | 8,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,605,000 | 69,032,000 | 75,446,000 | 78,393,000 |
| Interest-bearing deposits | 59,100,000 | 8,681,000 | 62,992,000 | 66,253,000 |
| Noninterest-bearing deposits | 9,505,000 | 60,351,000 | 12,454,000 | 12,140,000 |
| Equity capital | 12,310,000 | 12,724,000 | 13,161,000 | 12,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,440,000 | 2,982,000 | 4,648,000 | 6,248,000 |
| Interest expense | 471,000 | 1,012,000 | 1,628,000 | 2,205,000 |
| Net interest income | 969,000 | 1,970,000 | 3,020,000 | 4,043,000 |
| Noninterest income | 82,000 | 191,000 | 300,000 | 434,000 |
| Noninterest expense | 478,000 | 936,000 | 1,382,000 | 2,105,000 |
| Provision for loan losses | 30,000 | 90,000 | 135,000 | 380,000 |
| Pretax income | 543,000 | 1,135,000 | 1,803,000 | 1,992,000 |
| Income tax | 168,000 | 352,000 | 561,000 | 654,000 |
| Net income | 375,000 | 783,000 | 1,242,000 | 1,338,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,355,000 | 12,764,000 | 13,223,000 | 12,850,000 |
| Total capital | 13,245,000 | 13,581,000 | 14,041,000 | 13,753,000 |
| Risk-weighted assets | 73,359,000 | 77,473,000 | 72,817,000 | 78,292,000 |