Call reports 2020
CITIZENS' BANK OF CHARLESTON — 2020
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 145,586,000 | 145,498,000 | 139,609,000 | 156,130,000 |
| Total loans | 89,992,000 | 97,781,000 | 99,615,000 | 91,912,000 |
| Allowance for loan losses | 1,809,000 | 1,783,000 | 1,772,000 | 1,740,000 |
| Securities available for sale | 7,929,000 | 9,516,000 | 10,196,000 | 10,268,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,691,000 | 118,707,000 | 112,558,000 | 129,634,000 |
| Interest-bearing deposits | 99,639,000 | 97,490,000 | 93,895,000 | 100,387,000 |
| Noninterest-bearing deposits | 20,052,000 | 21,217,000 | 18,663,000 | 29,247,000 |
| Equity capital | 25,249,000 | 25,926,000 | 26,399,000 | 25,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,518,000 | 3,031,000 | 4,467,000 | 5,937,000 |
| Interest expense | 245,000 | 475,000 | 684,000 | 870,000 |
| Net interest income | 1,273,000 | 2,556,000 | 3,783,000 | 5,067,000 |
| Noninterest income | 145,000 | 286,000 | 419,000 | 638,000 |
| Noninterest expense | 675,000 | 1,312,000 | 2,047,000 | 3,050,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 743,000 | 1,530,000 | 2,155,000 | 2,655,000 |
| Income tax | 159,000 | 342,000 | 480,000 | 605,000 |
| Net income | 584,000 | 1,188,000 | 1,675,000 | 2,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,219,000 | 25,824,000 | 26,310,000 | 25,911,000 |