Call reports 2020
CITIZENS COMMERCE BANK — 2020
What CITIZENS COMMERCE BANK 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 | 269,343,000 | 293,750,000 | 292,461,000 | 299,123,000 |
| Total loans | 203,211,000 | 228,398,000 | 232,379,000 | 217,116,000 |
| Allowance for loan losses | 2,031,000 | 2,110,000 | 2,187,000 | 2,611,000 |
| Securities available for sale | 40,577,000 | 38,074,000 | 35,076,000 | 39,035,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,187,000 | 250,493,000 | 250,605,000 | 265,425,000 |
| Interest-bearing deposits | 193,731,000 | 201,839,000 | 203,997,000 | 216,763,000 |
| Noninterest-bearing deposits | 35,456,000 | 48,654,000 | 46,607,000 | 48,662,000 |
| Equity capital | 28,803,000 | 28,365,000 | 29,050,000 | 30,027,000 |
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 | 2,704,000 | 5,444,000 | 8,229,000 | 11,414,000 |
| Interest expense | 502,000 | 921,000 | 1,288,000 | 1,591,000 |
| Net interest income | 2,202,000 | 4,523,000 | 6,941,000 | 9,823,000 |
| Noninterest income | 420,000 | 822,000 | 1,317,000 | 1,971,000 |
| Noninterest expense | 1,948,000 | 3,896,000 | 5,906,000 | 8,012,000 |
| Provision for loan losses | 25,000 | 100,000 | 210,000 | 534,000 |
| Pretax income | 645,000 | 1,372,000 | 2,164,000 | 3,269,000 |
| Income tax | 130,000 | 277,000 | 438,000 | 666,000 |
| Net income | 515,000 | 1,095,000 | 1,726,000 | 2,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,688,000 | 26,270,000 | 27,062,000 | 28,268,000 |