Call reports 2008
CITIZENS EXCHANGE BANK, THE — 2008
What CITIZENS EXCHANGE BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 56,842,000 | 55,090,000 | 54,246,000 | 56,996,000 |
| Total loans | 26,149,000 | 26,251,000 | 26,174,000 | 26,982,000 |
| Allowance for loan losses | 512,000 | 486,000 | 505,000 | 511,000 |
| Securities available for sale | 16,578,000 | 16,237,000 | 16,254,000 | 18,811,000 |
| Securities held to maturity | 2,125,000 | 2,225,000 | 2,225,000 | 2,392,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,998,000 | 47,482,000 | 46,637,000 | 48,901,000 |
| Interest-bearing deposits | 40,415,000 | 39,204,000 | 39,564,000 | 40,147,000 |
| Noninterest-bearing deposits | 8,583,000 | 8,278,000 | 7,073,000 | 8,754,000 |
| Equity capital | 7,273,000 | 7,076,000 | 7,100,000 | 7,480,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 772,000 | 1,507,000 | 2,222,000 | 2,941,000 |
| Interest expense | 326,000 | 636,000 | 930,000 | 1,198,000 |
| Net interest income | 446,000 | 871,000 | 1,292,000 | 1,743,000 |
| Noninterest income | 55,000 | 111,000 | 171,000 | 244,000 |
| Noninterest expense | 400,000 | 850,000 | 1,259,000 | 1,648,000 |
| Provision for loan losses | 0 | 0 | 35,000 | 112,000 |
| Pretax income | 156,000 | 187,000 | 224,000 | 282,000 |
| Income tax | 26,000 | 49,000 | 73,000 | 85,000 |
| Net income | 130,000 | 138,000 | 151,000 | 197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,928,000 | 6,936,000 | 6,949,000 | 6,995,000 |
| Total capital | 7,274,000 | 7,272,000 | 7,285,000 | 7,347,000 |
| Risk-weighted assets | 27,476,000 | 26,710,000 | 26,731,000 | 27,989,000 |