Call reports 2003
CITIZENS BANK — 2003
What CITIZENS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 428,448,000 | 437,038,000 | 439,378,000 | 435,590,000 |
| Total loans | 233,067,000 | 242,362,000 | 240,688,000 | 239,598,000 |
| Allowance for loan losses | 2,770,000 | 2,830,000 | 2,906,000 | 2,727,000 |
| Securities available for sale | 39,007,000 | 38,914,000 | 43,911,000 | 31,529,000 |
| Securities held to maturity | 122,027,000 | 128,610,000 | 128,736,000 | 128,390,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,199,000 | 343,136,000 | 343,238,000 | 360,981,000 |
| Interest-bearing deposits | 309,876,000 | 314,614,000 | 315,021,000 | 331,699,000 |
| Noninterest-bearing deposits | 27,323,000 | 28,522,000 | 28,217,000 | 29,282,000 |
| Equity capital | 88,768,000 | 91,983,000 | 94,263,000 | 72,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 6,144,000 | 12,201,000 | 18,372,000 | 24,536,000 |
| Interest expense | 1,804,000 | 3,531,000 | 5,154,000 | 6,637,000 |
| Net interest income | 4,340,000 | 8,670,000 | 13,218,000 | 17,899,000 |
| Noninterest income | 932,000 | 1,729,000 | 2,457,000 | 3,061,000 |
| Noninterest expense | 1,813,000 | 3,266,000 | 4,853,000 | 6,949,000 |
| Provision for loan losses | 150,000 | 300,000 | 456,000 | 397,000 |
| Pretax income | 3,317,000 | 6,841,000 | 10,374,000 | 13,623,000 |
| Income tax | 728,000 | 1,684,000 | 2,573,000 | 3,232,000 |
| Net income | 2,589,000 | 5,157,000 | 7,801,000 | 10,391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,758,000 | 90,334,000 | 92,966,000 | 71,574,000 |
| Total capital | 90,528,000 | 93,164,000 | 95,872,000 | 74,301,000 |
| Risk-weighted assets | 275,218,000 | 286,802,000 | 286,546,000 | 284,480,000 |