Call reports 2003
CITIZENS NATIONAL BANK OF QUITMAN, THE — 2003
What CITIZENS NATIONAL BANK OF QUITMAN, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 70,469,000 | 72,411,000 | 72,145,000 | 72,250,000 |
| Total loans | 45,600,000 | 46,384,000 | 50,092,000 | 48,246,000 |
| Allowance for loan losses | 645,000 | 650,000 | 642,000 | 638,000 |
| Securities available for sale | 14,992,000 | 14,764,000 | 13,386,000 | 14,104,000 |
| Securities held to maturity | 1,675,000 | 1,625,000 | 1,611,000 | 1,439,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,409,000 | 66,110,000 | 64,421,000 | 65,669,000 |
| Interest-bearing deposits | 57,241,000 | 57,844,000 | 56,562,000 | 59,423,000 |
| Noninterest-bearing deposits | 7,168,000 | 8,266,000 | 7,859,000 | 6,246,000 |
| Equity capital | 5,662,000 | 5,846,000 | 5,906,000 | 5,773,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,121,000 | 2,204,000 | 3,290,000 | 4,368,000 |
| Interest expense | 456,000 | 895,000 | 1,294,000 | 1,660,000 |
| Net interest income | 665,000 | 1,309,000 | 1,996,000 | 2,708,000 |
| Noninterest income | 101,000 | 207,000 | 306,000 | 403,000 |
| Noninterest expense | 477,000 | 968,000 | 1,475,000 | 2,018,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 90,000 |
| Pretax income | 267,000 | 505,000 | 761,000 | 1,010,000 |
| Income tax | 69,000 | 129,000 | 197,000 | 263,000 |
| Net income | 198,000 | 376,000 | 564,000 | 747,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,488,000 | 5,592,000 | 5,780,000 | 5,638,000 |
| Total capital | 6,133,000 | 6,231,000 | 6,422,000 | 6,276,000 |
| Risk-weighted assets | 53,088,000 | 51,149,000 | 54,213,000 | 53,212,000 |