Call reports 2008
CITIZENS BANK — 2008
What CITIZENS BANK 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 | 359,696,000 | 366,524,000 | 378,982,000 | 379,449,000 |
| Total loans | 290,753,000 | 302,403,000 | 305,444,000 | 311,270,000 |
| Allowance for loan losses | 2,864,000 | 2,969,000 | 3,072,000 | 2,970,000 |
| Securities available for sale | 15,338,000 | 30,665,000 | 32,817,000 | 36,340,000 |
| Securities held to maturity | 4,728,000 | 3,252,000 | 3,256,000 | 2,961,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,655,000 | 283,607,000 | 282,481,000 | 292,888,000 |
| Interest-bearing deposits | 225,701,000 | 249,380,000 | 252,803,000 | 259,933,000 |
| Noninterest-bearing deposits | 54,954,000 | 34,227,000 | 29,678,000 | 32,955,000 |
| Equity capital | 47,710,000 | 48,532,000 | 50,128,000 | 48,107,000 |
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 | 5,701,000 | 11,354,000 | 17,187,000 | 23,270,000 |
| Interest expense | 1,137,000 | 1,949,000 | 2,723,000 | 3,309,000 |
| Net interest income | 4,564,000 | 9,405,000 | 14,464,000 | 19,961,000 |
| Noninterest income | 677,000 | 1,229,000 | 2,376,000 | 2,940,000 |
| Noninterest expense | 2,980,000 | 5,868,000 | 9,475,000 | 12,411,000 |
| Provision for loan losses | 45,000 | 150,000 | 255,000 | 2,810,000 |
| Pretax income | 2,216,000 | 4,616,000 | 7,110,000 | 7,680,000 |
| Income tax | 788,000 | 1,645,000 | 2,559,000 | 2,687,000 |
| Net income | 1,428,000 | 2,971,000 | 4,551,000 | 4,993,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,599,000 | 48,540,000 | 50,124,000 | 47,828,000 |
| Total capital | 50,638,000 | 51,684,000 | 53,371,000 | 50,967,000 |
| Risk-weighted assets | 329,638,000 | 340,204,000 | 345,055,000 | 350,260,000 |
Machine access — free, no API key
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