Call reports 2024
CITIZENS' BANK OF CHARLESTON — 2024
What CITIZENS' BANK OF CHARLESTON reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 177,743,000 | 174,050,000 | 177,428,000 | 185,802,000 |
| Total loans | 115,929,000 | 125,011,000 | 127,425,000 | 124,454,000 |
| Allowance for loan losses | 1,649,000 | 1,555,000 | 1,508,000 | 1,632,000 |
| Securities available for sale | 23,761,000 | 23,284,000 | 23,113,000 | 22,141,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,210,000 | 140,573,000 | 142,461,000 | 151,525,000 |
| Interest-bearing deposits | 121,088,000 | 117,145,000 | 119,125,000 | 125,050,000 |
| Noninterest-bearing deposits | 24,122,000 | 23,428,000 | 23,336,000 | 26,475,000 |
| Equity capital | 31,915,000 | 32,913,000 | 34,155,000 | 33,525,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,562,000 | 5,231,000 | 7,939,000 | 10,657,000 |
| Interest expense | 628,000 | 1,269,000 | 1,966,000 | 2,685,000 |
| Net interest income | 1,934,000 | 3,962,000 | 5,973,000 | 7,972,000 |
| Noninterest income | 186,000 | 382,000 | 621,000 | 889,000 |
| Noninterest expense | 845,000 | 1,768,000 | 2,710,000 | 4,222,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 1,275,000 | 2,576,000 | 3,884,000 | 4,539,000 |
| Income tax | 283,000 | 581,000 | 893,000 | 1,081,000 |
| Net income | 992,000 | 1,995,000 | 2,991,000 | 3,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,636,000 | 33,618,000 | 34,466,000 | 34,050,000 |