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 | 318,555,000 | 311,927,000 | 303,816,000 | 305,610,000 |
| Total loans | 216,833,000 | 221,775,000 | 220,901,000 | 219,683,000 |
| Allowance for loan losses | 3,855,000 | 3,837,000 | 3,820,000 | 3,837,000 |
| Securities available for sale | 40,877,000 | 43,270,000 | 41,377,000 | 44,419,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,354,000 | 268,245,000 | 255,110,000 | 257,420,000 |
| Interest-bearing deposits | 230,144,000 | 225,378,000 | 216,682,000 | 221,413,000 |
| Noninterest-bearing deposits | 44,210,000 | 42,867,000 | 38,428,000 | 36,007,000 |
| Equity capital | 29,381,000 | 28,784,000 | 29,915,000 | 29,789,000 |
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 | 5,160,000 | 10,125,000 | 15,048,000 | 19,838,000 |
| Interest expense | 2,038,000 | 3,820,000 | 5,461,000 | 7,030,000 |
| Net interest income | 3,122,000 | 6,305,000 | 9,587,000 | 12,808,000 |
| Noninterest income | 769,000 | 1,607,000 | 2,329,000 | 3,089,000 |
| Noninterest expense | 2,430,000 | 5,179,000 | 7,642,000 | 10,456,000 |
| Provision for loan losses | 90,000 | 200,000 | 380,000 | 825,000 |
| Pretax income | 1,373,000 | 2,535,000 | 3,898,000 | 4,622,000 |
| Income tax | 475,000 | 886,000 | 1,364,000 | 1,618,000 |
| Net income | 898,000 | 1,649,000 | 2,534,000 | 3,004,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,688,000 | 25,661,000 | 26,568,000 | 26,359,000 |
| Total capital | 28,488,000 | 28,475,000 | 29,374,000 | 29,162,000 |
| Risk-weighted assets | 222,926,000 | 224,099,000 | 223,443,000 | 223,229,000 |
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