Call reports 2009
CITIZENS' BANK OF CHARLESTON — 2009
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 98,629,000 | 92,565,000 | 98,454,000 | 101,147,000 |
| Total loans | 68,964,000 | 76,759,000 | 81,252,000 | 71,753,000 |
| Allowance for loan losses | 919,000 | 1,129,000 | 1,308,000 | 1,141,000 |
| Securities available for sale | 8,728,000 | 7,829,000 | 7,656,000 | 7,968,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,982,000 | 78,990,000 | 76,893,000 | 87,243,000 |
| Interest-bearing deposits | 70,998,000 | 66,614,000 | 66,087,000 | 63,381,000 |
| Noninterest-bearing deposits | 13,984,000 | 12,376,000 | 10,806,000 | 23,862,000 |
| Equity capital | 13,500,000 | 13,425,000 | 13,443,000 | 13,290,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,166,000 | 2,541,000 | 4,056,000 | 5,341,000 |
| Interest expense | 383,000 | 714,000 | 1,021,000 | 1,304,000 |
| Net interest income | 783,000 | 1,827,000 | 3,035,000 | 4,037,000 |
| Noninterest income | 96,000 | 188,000 | 164,000 | 290,000 |
| Noninterest expense | 555,000 | 1,088,000 | 1,631,000 | 2,395,000 |
| Provision for loan losses | 83,000 | 313,000 | 843,000 | 923,000 |
| Pretax income | 241,000 | 614,000 | 725,000 | 1,009,000 |
| Income tax | 72,000 | 163,000 | 173,000 | 257,000 |
| Net income | 169,000 | 451,000 | 552,000 | 752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,516,000 | 13,446,000 | 13,547,000 | 13,288,000 |
| Total capital | 13,584,000 | 13,524,000 | 13,751,000 | 14,389,000 |
| Risk-weighted assets | 78,076,000 | 83,254,000 | 89,405,000 | 88,586,000 |