Call reports 2014
CITIZENS' BANK OF CHARLESTON — 2014
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 129,493,000 | 124,470,000 | 123,633,000 | 125,097,000 |
| Total loans | 75,652,000 | 85,415,000 | 89,399,000 | 80,986,000 |
| Allowance for loan losses | 1,772,000 | 1,772,000 | 1,761,000 | 1,747,000 |
| Securities available for sale | 21,065,000 | 22,010,000 | 20,562,000 | 19,191,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,564,000 | 106,022,000 | 101,487,000 | 106,305,000 |
| Interest-bearing deposits | 90,549,000 | 88,420,000 | 84,270,000 | 80,805,000 |
| Noninterest-bearing deposits | 21,015,000 | 17,602,000 | 17,217,000 | 25,500,000 |
| Equity capital | 17,822,000 | 18,367,000 | 18,891,000 | 18,737,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,163,000 | 2,459,000 | 3,834,000 | 5,148,000 |
| Interest expense | 125,000 | 254,000 | 377,000 | 502,000 |
| Net interest income | 1,038,000 | 2,205,000 | 3,457,000 | 4,646,000 |
| Noninterest income | 191,000 | 330,000 | 470,000 | 695,000 |
| Noninterest expense | 596,000 | 1,195,000 | 1,803,000 | 2,641,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 625,000 | 1,329,000 | 2,118,000 | 2,696,000 |
| Income tax | 194,000 | 433,000 | 696,000 | 853,000 |
| Net income | 431,000 | 896,000 | 1,422,000 | 1,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,875,000 | 18,340,000 | 18,866,000 | 18,684,000 |
| Total capital | 19,000,000 | 19,562,000 | 20,096,000 | 19,816,000 |
| Risk-weighted assets | 89,430,000 | 97,194,000 | 97,894,000 | 89,974,000 |