Call reports 2008
CITIZENS BANK, THE — 2008
What CITIZENS 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 | 115,471,000 | 112,912,000 | 109,023,000 | 108,145,000 |
| Total loans | 67,664,000 | 68,338,000 | 70,087,000 | 69,902,000 |
| Allowance for loan losses | 622,000 | 646,000 | 642,000 | 621,000 |
| Securities available for sale | 34,548,000 | 31,978,000 | 27,935,000 | 26,793,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,664,000 | 96,919,000 | 90,848,000 | 92,112,000 |
| Interest-bearing deposits | 78,762,000 | 75,143,000 | 70,615,000 | 72,541,000 |
| Noninterest-bearing deposits | 23,902,000 | 21,776,000 | 20,233,000 | 19,571,000 |
| Equity capital | 10,710,000 | 10,336,000 | 10,272,000 | 10,676,000 |
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 | 1,816,000 | 3,573,000 | 5,244,000 | 6,875,000 |
| Interest expense | 600,000 | 1,071,000 | 1,485,000 | 1,866,000 |
| Net interest income | 1,216,000 | 2,502,000 | 3,759,000 | 5,009,000 |
| Noninterest income | 253,000 | 535,000 | 601,000 | 864,000 |
| Noninterest expense | 1,227,000 | 2,487,000 | 3,713,000 | 4,996,000 |
| Provision for loan losses | 60,000 | 105,000 | 261,000 | 340,000 |
| Pretax income | 188,000 | 459,000 | 407,000 | 558,000 |
| Income tax | 51,000 | 147,000 | 134,000 | 169,000 |
| Net income | 137,000 | 312,000 | 273,000 | 389,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,863,000 | 7,949,000 | 7,926,000 | 7,934,000 |
| Total capital | 8,485,000 | 8,595,000 | 8,568,000 | 8,555,000 |
| Risk-weighted assets | 70,806,000 | 70,311,000 | 68,064,000 | 68,925,000 |
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