Call reports 2008
CITIZENS COMMERCE BANK — 2008
What CITIZENS COMMERCE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 262,972,000 | 258,431,000 | 268,080,000 | 278,566,000 |
| Total loans | 206,397,000 | 203,114,000 | 208,582,000 | 212,487,000 |
| Allowance for loan losses | 2,208,000 | 1,967,000 | 2,551,000 | 2,901,000 |
| Securities available for sale | 32,995,000 | 35,182,000 | 39,234,000 | 43,360,000 |
| Securities held to maturity | 0 | 0 | 0 | 1,936,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,181,000 | 196,780,000 | 205,299,000 | 212,306,000 |
| Interest-bearing deposits | 179,879,000 | 178,402,000 | 193,147,000 | 199,680,000 |
| Noninterest-bearing deposits | 19,303,000 | 18,378,000 | 12,152,000 | 12,627,000 |
| Equity capital | 22,885,000 | 22,606,000 | 22,875,000 | 24,678,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,069,000 | 8,116,000 | 12,258,000 | 16,342,000 |
| Interest expense | 2,147,000 | 4,126,000 | 6,113,000 | 8,043,000 |
| Net interest income | 1,922,000 | 3,990,000 | 6,145,000 | 8,299,000 |
| Noninterest income | 459,000 | 936,000 | 1,487,000 | 1,899,000 |
| Noninterest expense | 1,687,000 | 3,467,000 | 5,200,000 | 6,974,000 |
| Provision for loan losses | 100,000 | 341,000 | 1,307,000 | 2,537,000 |
| Pretax income | 790,000 | 1,354,000 | 1,370,000 | 877,000 |
| Income tax | 233,000 | 391,000 | 364,000 | 163,000 |
| Net income | 557,000 | 963,000 | 1,006,000 | 714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,651,000 | 23,064,000 | 23,105,000 | 24,163,000 |
| Total capital | 24,859,000 | 25,031,000 | 25,656,000 | 26,832,000 |
| Risk-weighted assets | 206,739,000 | 206,160,000 | 211,620,000 | 213,335,000 |