Call reports 2009
CITIZENS COMMERCE BANK — 2009
What CITIZENS COMMERCE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 278,773,000 | 317,666,000 | 344,574,000 | 344,779,000 |
| Total loans | 223,015,000 | 247,503,000 | 260,696,000 | 247,509,000 |
| Allowance for loan losses | 3,340,000 | 8,154,000 | 9,015,000 | 7,701,000 |
| Securities available for sale | 30,194,000 | 41,874,000 | 51,825,000 | 46,117,000 |
| Securities held to maturity | 1,936,000 | 1,938,000 | 1,938,000 | 1,939,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 207,778,000 | 250,763,000 | 280,676,000 | 289,150,000 |
| Interest-bearing deposits | 194,710,000 | 235,218,000 | 258,893,000 | 262,685,000 |
| Noninterest-bearing deposits | 13,069,000 | 15,544,000 | 21,783,000 | 26,465,000 |
| Equity capital | 30,977,000 | 25,988,000 | 25,088,000 | 16,237,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,020,000 | 7,560,000 | 11,900,000 | 15,852,000 |
| Interest expense | 1,759,000 | 3,552,000 | 5,570,000 | 7,550,000 |
| Net interest income | 2,261,000 | 4,008,000 | 6,330,000 | 8,302,000 |
| Noninterest income | 559,000 | 1,103,000 | 1,611,000 | 2,103,000 |
| Noninterest expense | 2,242,000 | 4,434,000 | 6,422,000 | 9,702,000 |
| Provision for loan losses | 411,000 | 7,000,000 | 11,017,000 | 16,772,000 |
| Pretax income | 604,000 | -5,781,000 | -8,740,000 | -15,283,000 |
| Income tax | 166,000 | -2,050,000 | -3,141,000 | -1,163,000 |
| Net income | 438,000 | -3,731,000 | -5,599,000 | -14,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,523,000 | 25,956,000 | 24,084,000 | 15,661,000 |
| Total capital | 33,316,000 | 29,142,000 | 27,594,000 | 18,860,000 |
| Risk-weighted assets | 223,657,000 | 249,966,000 | 275,314,000 | 250,875,000 |