Call reports 2003
CITIZENS BANK OF SPENCER — 2003
What CITIZENS BANK OF SPENCER 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 | 30,165,000 | 29,967,000 | 30,142,000 | 30,003,000 |
| Total loans | 12,685,000 | 12,991,000 | 13,536,000 | 13,866,000 |
| Allowance for loan losses | 605,000 | 611,000 | 593,000 | 574,000 |
| Securities available for sale | 13,703,000 | 12,912,000 | 12,746,000 | 12,645,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,537,000 | 25,250,000 | 25,485,000 | 25,334,000 |
| Interest-bearing deposits | 22,585,000 | 22,269,000 | 22,625,000 | 22,491,000 |
| Noninterest-bearing deposits | 2,952,000 | 2,981,000 | 2,860,000 | 2,843,000 |
| Equity capital | 4,242,000 | 4,341,000 | 4,300,000 | 4,342,000 |
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 | 435,000 | 867,000 | 1,299,000 | 1,721,000 |
| Interest expense | 106,000 | 212,000 | 312,000 | 404,000 |
| Net interest income | 329,000 | 655,000 | 987,000 | 1,317,000 |
| Noninterest income | 48,000 | 106,000 | 162,000 | 224,000 |
| Noninterest expense | 268,000 | 551,000 | 823,000 | 1,101,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 109,000 | 214,000 | 330,000 | 444,000 |
| Income tax | 33,000 | 59,000 | 91,000 | 126,000 |
| Net income | 76,000 | 155,000 | 239,000 | 318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,889,000 | 3,978,000 | 4,066,000 | 4,147,000 |
| Total capital | 4,084,000 | 4,177,000 | 4,256,000 | 4,334,000 |
| Risk-weighted assets | 15,206,000 | 15,512,000 | 14,792,000 | 14,566,000 |