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 | 85,310,000 | 92,010,000 | 78,220,000 | 89,687,000 |
| Total loans | 57,287,000 | 59,355,000 | 53,723,000 | 54,800,000 |
| Allowance for loan losses | 1,819,000 | 1,820,000 | 1,821,000 | 1,778,000 |
| Securities available for sale | 18,574,000 | 18,045,000 | 12,196,000 | 10,390,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,893,000 | 74,865,000 | 66,193,000 | 78,372,000 |
| Interest-bearing deposits | 47,586,000 | 49,012,000 | 48,698,000 | 56,475,000 |
| Noninterest-bearing deposits | 20,307,000 | 25,853,000 | 17,495,000 | 21,897,000 |
| Equity capital | 16,685,000 | 16,448,000 | 11,546,000 | 10,878,000 |
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 | 1,182,000 | 2,270,000 | 3,201,000 | 4,013,000 |
| Interest expense | 271,000 | 516,000 | 741,000 | 963,000 |
| Net interest income | 911,000 | 1,754,000 | 2,460,000 | 3,050,000 |
| Noninterest income | 284,000 | 610,000 | 944,000 | 1,127,000 |
| Noninterest expense | 894,000 | 1,791,000 | 10,649,000 | 11,370,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 301,000 | 573,000 | -7,234,000 | -7,182,000 |
| Income tax | 65,000 | 112,000 | -3,057,000 | -2,921,000 |
| Net income | 236,000 | 461,000 | -4,177,000 | -4,261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,502,000 | 16,528,000 | 11,708,000 | 11,624,000 |
| Total capital | 17,267,000 | 17,313,000 | 12,474,000 | 12,419,000 |
| Risk-weighted assets | 60,122,000 | 61,791,000 | 60,241,000 | 62,897,000 |
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