Call reports 2007
CITIZENS BANK OF SPENCER — 2007
What CITIZENS BANK OF SPENCER reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 35,929,000 | 35,727,000 | 36,870,000 | 37,192,000 |
| Total loans | 21,846,000 | 22,317,000 | 24,107,000 | 25,946,000 |
| Allowance for loan losses | 549,000 | 520,000 | 512,000 | 505,000 |
| Securities available for sale | 10,136,000 | 9,407,000 | 9,447,000 | 8,019,000 |
| Securities held to maturity | 450,000 | 450,000 | 451,000 | 450,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,454,000 | 30,540,000 | 31,431,000 | 31,590,000 |
| Interest-bearing deposits | 26,376,000 | 26,623,000 | 27,501,000 | 27,691,000 |
| Noninterest-bearing deposits | 4,078,000 | 3,917,000 | 3,930,000 | 3,899,000 |
| Equity capital | 5,188,000 | 4,769,000 | 4,992,000 | 5,191,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 570,000 | 1,171,000 | 1,786,000 | 2,431,000 |
| Interest expense | 166,000 | 344,000 | 534,000 | 747,000 |
| Net interest income | 404,000 | 827,000 | 1,252,000 | 1,684,000 |
| Noninterest income | 55,000 | 120,000 | 193,000 | 268,000 |
| Noninterest expense | 323,000 | 635,000 | 937,000 | 1,299,000 |
| Provision for loan losses | 0 | 0 | 0 | 40,000 |
| Pretax income | 140,000 | 316,000 | 512,000 | 617,000 |
| Income tax | 50,000 | 109,000 | 180,000 | 133,000 |
| Net income | 90,000 | 207,000 | 332,000 | 484,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,228,000 | 4,897,000 | 5,020,000 | 5,172,000 |
| Total capital | 5,494,000 | 5,170,000 | 5,309,000 | 5,469,000 |
| Risk-weighted assets | 20,969,000 | 21,632,000 | 22,875,000 | 23,570,000 |