Call reports 2005
CITIZENS BANK OF SPENCER — 2005
What CITIZENS BANK OF SPENCER reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 34,715,000 | 33,903,000 | 33,464,000 | 33,274,000 |
| Total loans | 15,302,000 | 16,309,000 | 16,517,000 | 17,182,000 |
| Allowance for loan losses | 564,000 | 489,000 | 477,000 | 500,000 |
| Securities available for sale | 15,001,000 | 15,457,000 | 14,256,000 | 12,228,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,919,000 | 28,945,000 | 28,445,000 | 27,821,000 |
| Interest-bearing deposits | 26,761,000 | 25,583,000 | 24,899,000 | 24,368,000 |
| Noninterest-bearing deposits | 3,158,000 | 3,362,000 | 3,546,000 | 3,453,000 |
| Equity capital | 4,459,000 | 4,647,000 | 4,692,000 | 4,723,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 479,000 | 970,000 | 1,457,000 | 1,945,000 |
| Interest expense | 96,000 | 198,000 | 309,000 | 410,000 |
| Net interest income | 383,000 | 772,000 | 1,148,000 | 1,535,000 |
| Noninterest income | 212,000 | 264,000 | 339,000 | 377,000 |
| Noninterest expense | 279,000 | 573,000 | 911,000 | 1,143,000 |
| Provision for loan losses | 27,000 | 27,000 | 27,000 | 67,000 |
| Pretax income | 293,000 | 441,000 | 552,000 | 603,000 |
| Income tax | 117,000 | 141,000 | 184,000 | 167,000 |
| Net income | 176,000 | 300,000 | 368,000 | 436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,536,000 | 4,663,000 | 4,730,000 | 4,798,000 |
| Total capital | 4,751,000 | 4,898,000 | 4,968,000 | 5,024,000 |
| Risk-weighted assets | 16,839,000 | 18,560,000 | 18,837,000 | 17,810,000 |