Call reports 2004
CITIZENS BANK OF SPENCER — 2004
What CITIZENS BANK OF SPENCER reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 33,907,000 | 32,397,000 | 33,245,000 | 33,687,000 |
| Total loans | 14,269,000 | 14,805,000 | 14,950,000 | 15,173,000 |
| Allowance for loan losses | 527,000 | 590,000 | 551,000 | 560,000 |
| Securities available for sale | 13,944,000 | 13,683,000 | 14,092,000 | 15,064,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,256,000 | 28,013,000 | 28,553,000 | 29,069,000 |
| Interest-bearing deposits | 26,452,000 | 25,292,000 | 25,638,000 | 25,743,000 |
| Noninterest-bearing deposits | 2,804,000 | 2,721,000 | 2,915,000 | 3,326,000 |
| Equity capital | 4,350,000 | 4,179,000 | 4,392,000 | 4,418,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 426,000 | 879,000 | 1,338,000 | 1,808,000 |
| Interest expense | 93,000 | 187,000 | 282,000 | 376,000 |
| Net interest income | 333,000 | 692,000 | 1,056,000 | 1,432,000 |
| Noninterest income | 48,000 | 104,000 | 156,000 | 214,000 |
| Noninterest expense | 291,000 | 549,000 | 832,000 | 1,142,000 |
| Provision for loan losses | 13,000 | 48,000 | 48,000 | 112,000 |
| Pretax income | 77,000 | 199,000 | 331,000 | 391,000 |
| Income tax | 24,000 | 72,000 | 104,000 | 87,000 |
| Net income | 53,000 | 127,000 | 227,000 | 304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,099,000 | 4,176,000 | 4,279,000 | 4,358,000 |
| Total capital | 4,318,000 | 4,383,000 | 4,487,000 | 4,571,000 |
| Risk-weighted assets | 17,237,000 | 16,166,000 | 16,327,000 | 16,730,000 |