Call reports 2002
CITIZENS BANK OF SPENCER — 2002
What CITIZENS BANK OF SPENCER reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 29,180,000 | 28,234,000 | 28,864,000 | 29,353,000 |
| Total loans | 12,198,000 | 12,391,000 | 12,278,000 | 12,240,000 |
| Allowance for loan losses | 702,000 | 640,000 | 634,000 | 625,000 |
| Securities available for sale | 11,952,000 | 11,871,000 | 12,446,000 | 13,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,060,000 | 23,984,000 | 24,357,000 | 24,805,000 |
| Interest-bearing deposits | 22,674,000 | 21,418,000 | 21,490,000 | 22,153,000 |
| Noninterest-bearing deposits | 2,386,000 | 2,566,000 | 2,867,000 | 2,652,000 |
| Equity capital | 3,809,000 | 3,970,000 | 4,159,000 | 4,209,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 443,000 | 881,000 | 1,320,000 | 1,755,000 |
| Interest expense | 138,000 | 264,000 | 383,000 | 498,000 |
| Net interest income | 305,000 | 617,000 | 937,000 | 1,257,000 |
| Noninterest income | 75,000 | 157,000 | 210,000 | 260,000 |
| Noninterest expense | 278,000 | 560,000 | 825,000 | 1,125,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 87,000 | 199,000 | 307,000 | 377,000 |
| Income tax | 13,000 | 51,000 | 54,000 | 59,000 |
| Net income | 74,000 | 148,000 | 253,000 | 318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,631,000 | 3,703,000 | 3,815,000 | 3,891,000 |
| Total capital | 3,813,000 | 3,870,000 | 3,996,000 | 4,076,000 |
| Risk-weighted assets | 14,027,000 | 12,855,000 | 14,010,000 | 14,357,000 |