Call reports 2010
CITIZENS BANK OF SPENCER — 2010
What CITIZENS BANK OF SPENCER reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 44,678,000 | 43,344,000 | 44,431,000 | 44,103,000 |
| Total loans | 28,080,000 | 28,181,000 | 27,907,000 | 27,314,000 |
| Allowance for loan losses | 935,000 | 925,000 | 953,000 | 1,173,000 |
| Securities available for sale | 9,788,000 | 9,845,000 | 10,185,000 | 10,369,000 |
| Securities held to maturity | 251,000 | 251,000 | 251,000 | 251,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,799,000 | 40,911,000 | 41,807,000 | 42,212,000 |
| Interest-bearing deposits | 39,056,000 | 36,996,000 | 38,300,000 | 38,628,000 |
| Noninterest-bearing deposits | 3,743,000 | 3,915,000 | 3,507,000 | 3,584,000 |
| Equity capital | 1,572,000 | 2,137,000 | 2,313,000 | 1,654,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 618,000 | 1,370,000 | 1,964,000 | 2,482,000 |
| Interest expense | 150,000 | 304,000 | 453,000 | 605,000 |
| Net interest income | 468,000 | 1,066,000 | 1,511,000 | 1,877,000 |
| Noninterest income | 63,000 | 313,000 | 362,000 | 504,000 |
| Noninterest expense | 355,000 | 714,000 | 1,140,000 | 1,605,000 |
| Provision for loan losses | 1,598,000 | 1,646,000 | 1,646,000 | 1,978,000 |
| Pretax income | -1,422,000 | -912,000 | -839,000 | -1,202,000 |
| Income tax | 21,000 | 31,000 | 31,000 | 25,000 |
| Net income | -1,443,000 | -943,000 | -870,000 | -1,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,532,000 | 2,043,000 | 2,116,000 | 1,759,000 |
| Total capital | 1,875,000 | 2,380,000 | 2,452,000 | 2,084,000 |
| Risk-weighted assets | 26,857,000 | 26,389,000 | 26,265,000 | 25,190,000 |