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 | 493,765,000 | 497,948,000 | 489,473,000 | 489,509,000 |
| Total loans | 267,310,000 | 262,024,000 | 267,039,000 | 268,917,000 |
| Allowance for loan losses | 2,131,000 | 2,189,000 | 2,066,000 | 2,127,000 |
| Securities available for sale | 59,240,000 | 59,016,000 | 56,832,000 | 57,811,000 |
| Securities held to maturity | 133,515,000 | 137,025,000 | 136,820,000 | 136,341,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 417,086,000 | 420,160,000 | 411,415,000 | 408,573,000 |
| Interest-bearing deposits | 378,216,000 | 380,900,000 | 372,663,000 | 370,913,000 |
| Noninterest-bearing deposits | 38,870,000 | 39,260,000 | 38,751,000 | 37,660,000 |
| Equity capital | 72,015,000 | 74,029,000 | 74,560,000 | 77,899,000 |
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 | 8,298,000 | 16,229,000 | 23,839,000 | 31,294,000 |
| Interest expense | 3,741,000 | 7,154,000 | 10,315,000 | 13,187,000 |
| Net interest income | 4,557,000 | 9,075,000 | 13,524,000 | 18,107,000 |
| Noninterest income | 727,000 | 1,548,000 | 2,324,000 | 3,054,000 |
| Noninterest expense | 1,629,000 | 3,204,000 | 4,801,000 | 6,945,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 538,000 |
| Pretax income | 3,550,000 | 7,209,000 | 8,860,000 | 11,806,000 |
| Income tax | 867,000 | 1,743,000 | 2,566,000 | 2,469,000 |
| Net income | 2,683,000 | 5,466,000 | 6,294,000 | 9,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,422,000 | 74,218,000 | 75,056,000 | 78,109,000 |
| Total capital | 73,553,000 | 76,407,000 | 77,122,000 | 80,236,000 |
| Risk-weighted assets | 331,875,000 | 328,707,000 | 328,066,000 | 327,030,000 |