Call reports 2008
CITIZENS COMMUNITY BANK — 2008
What CITIZENS COMMUNITY 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 | 105,170,000 | 108,831,000 | 118,140,000 | 121,797,000 |
| Total loans | 84,971,000 | 90,359,000 | 96,817,000 | 99,681,000 |
| Allowance for loan losses | 1,336,000 | 1,382,000 | 1,395,000 | 1,464,000 |
| Securities available for sale | 8,315,000 | 8,169,000 | 8,212,000 | 7,338,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,149,000 | 96,719,000 | 106,306,000 | 109,486,000 |
| Interest-bearing deposits | 84,140,000 | 86,412,000 | 96,042,000 | 98,479,000 |
| Noninterest-bearing deposits | 10,009,000 | 10,307,000 | 10,264,000 | 11,007,000 |
| Equity capital | 8,002,000 | 8,185,000 | 8,434,000 | 8,950,000 |
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 | 1,809,000 | 3,625,000 | 5,471,000 | 7,366,000 |
| Interest expense | 912,000 | 1,815,000 | 2,709,000 | 3,647,000 |
| Net interest income | 897,000 | 1,810,000 | 2,762,000 | 3,719,000 |
| Noninterest income | 178,000 | 365,000 | 562,000 | 792,000 |
| Noninterest expense | 722,000 | 1,408,000 | 2,103,000 | 2,936,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 280,000 |
| Pretax income | 308,000 | 677,000 | 1,086,000 | 1,295,000 |
| Income tax | 116,000 | 228,000 | 378,000 | 462,000 |
| Net income | 192,000 | 449,000 | 708,000 | 833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,837,000 | 8,094,000 | 8,353,000 | 8,793,000 |
| Total capital | 8,921,000 | 9,232,000 | 9,552,000 | 10,043,000 |
| Risk-weighted assets | 86,392,000 | 90,816,000 | 95,668,000 | 99,832,000 |