Call reports 2008
CITIZENS' BANK OF CHARLESTON — 2008
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 94,169,000 | 95,081,000 | 99,770,000 | 101,401,000 |
| Total loans | 70,885,000 | 76,598,000 | 80,886,000 | 64,379,000 |
| Allowance for loan losses | 945,000 | 1,085,000 | 1,124,000 | 1,094,000 |
| Securities available for sale | 10,117,000 | 9,595,000 | 9,258,000 | 8,661,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,555,000 | 77,170,000 | 73,260,000 | 87,466,000 |
| Interest-bearing deposits | 65,360,000 | 66,255,000 | 63,036,000 | 69,027,000 |
| Noninterest-bearing deposits | 15,195,000 | 10,915,000 | 10,224,000 | 18,439,000 |
| Equity capital | 13,334,000 | 13,554,000 | 14,009,000 | 13,288,000 |
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 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,558,000 | 3,141,000 | 4,801,000 | 6,252,000 |
| Interest expense | 578,000 | 1,104,000 | 1,601,000 | 2,031,000 |
| Net interest income | 980,000 | 2,037,000 | 3,200,000 | 4,221,000 |
| Noninterest income | 110,000 | 215,000 | 336,000 | 498,000 |
| Noninterest expense | 491,000 | 967,000 | 1,457,000 | 2,129,000 |
| Provision for loan losses | 45,000 | 190,000 | 235,000 | 1,291,000 |
| Pretax income | 554,000 | 1,095,000 | 1,844,000 | 1,299,000 |
| Income tax | 176,000 | 340,000 | 591,000 | 332,000 |
| Net income | 378,000 | 755,000 | 1,253,000 | 967,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,228,000 | 13,609,000 | 14,103,000 | 13,347,000 |
| Total capital | 14,173,000 | 13,668,000 | 14,127,000 | 13,382,000 |
| Risk-weighted assets | 80,664,000 | 83,317,000 | 90,029,000 | 83,334,000 |