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 | 144,899,000 | 142,269,000 | 138,282,000 | 142,174,000 |
| Total loans | 103,952,000 | 103,542,000 | 101,577,000 | 96,258,000 |
| Allowance for loan losses | 988,000 | 1,115,000 | 1,030,000 | 1,397,000 |
| Securities available for sale | 22,522,000 | 21,514,000 | 19,003,000 | 22,215,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,512,000 | 128,492,000 | 123,937,000 | 128,386,000 |
| Interest-bearing deposits | 108,316,000 | 106,489,000 | 104,173,000 | 108,332,000 |
| Noninterest-bearing deposits | 22,196,000 | 22,003,000 | 19,764,000 | 20,054,000 |
| Equity capital | 13,139,000 | 12,708,000 | 13,245,000 | 13,047,000 |
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 | 2,464,000 | 4,847,000 | 7,092,000 | 9,200,000 |
| Interest expense | 857,000 | 1,665,000 | 2,413,000 | 3,152,000 |
| Net interest income | 1,607,000 | 3,182,000 | 4,679,000 | 6,048,000 |
| Noninterest income | 261,000 | 513,000 | 791,000 | 962,000 |
| Noninterest expense | 1,681,000 | 3,225,000 | 4,743,000 | 6,128,000 |
| Provision for loan losses | 48,000 | 355,000 | 424,000 | 1,033,000 |
| Pretax income | 146,000 | 245,000 | 448,000 | 85,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 146,000 | 245,000 | 448,000 | 85,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,767,000 | 12,866,000 | 13,068,000 | 12,706,000 |
| Total capital | 13,755,000 | 13,981,000 | 14,098,000 | 14,103,000 |
| Risk-weighted assets | 107,063,000 | 107,764,000 | 104,590,000 | 101,213,000 |
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