Call reports 2023
CITIZENS' BANK OF CHARLESTON — 2023
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 184,073,000 | 176,202,000 | 171,253,000 | 173,663,000 |
| Total loans | 103,172,000 | 117,833,000 | 121,773,000 | 115,565,000 |
| Allowance for loan losses | 1,681,000 | 1,676,000 | 1,676,000 | 1,672,000 |
| Securities available for sale | 26,632,000 | 26,170,000 | 25,596,000 | 26,088,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,303,000 | 145,861,000 | 140,024,000 | 142,269,000 |
| Interest-bearing deposits | 126,317,000 | 118,365,000 | 116,322,000 | 113,576,000 |
| Noninterest-bearing deposits | 27,986,000 | 27,496,000 | 23,702,000 | 28,693,000 |
| Equity capital | 29,169,000 | 29,862,000 | 30,687,000 | 30,979,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,295,000 | 4,677,000 | 7,141,000 | 9,617,000 |
| Interest expense | 252,000 | 611,000 | 1,036,000 | 1,555,000 |
| Net interest income | 2,043,000 | 4,066,000 | 6,105,000 | 8,062,000 |
| Noninterest income | 215,000 | 396,000 | 603,000 | 829,000 |
| Noninterest expense | 796,000 | 1,654,000 | 2,490,000 | 3,841,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,462,000 | 2,808,000 | 4,218,000 | 5,050,000 |
| Income tax | 335,000 | 645,000 | 965,000 | 1,175,000 |
| Net income | 1,127,000 | 2,163,000 | 3,253,000 | 3,875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,930,000 | 30,788,000 | 31,878,000 | 31,644,000 |