Call reports 2003
CITIZENS BANK & TRUST — 2003
What CITIZENS BANK & TRUST 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 | 17,626,000 | 36,629,000 | 42,235,000 | 57,138,000 |
| Total loans | 1,718,000 | 16,164,000 | 23,309,000 | 29,223,000 |
| Allowance for loan losses | 26,000 | 242,000 | 349,000 | 423,000 |
| Securities available for sale | 3,054,000 | 10,598,000 | 12,679,000 | 19,876,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,930,000 | 26,658,000 | 32,678,000 | 40,815,000 |
| Interest-bearing deposits | 6,550,000 | 22,816,000 | 27,923,000 | 33,272,000 |
| Noninterest-bearing deposits | 1,380,000 | 3,842,000 | 4,755,000 | 7,543,000 |
| Equity capital | 9,682,000 | 9,942,000 | 9,508,000 | 9,460,000 |
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 | 24,000 | 265,000 | 660,000 | 1,218,000 |
| Interest expense | 16,000 | 91,000 | 205,000 | 362,000 |
| Net interest income | 8,000 | 174,000 | 455,000 | 856,000 |
| Noninterest income | 1,000 | 39,000 | 112,000 | 194,000 |
| Noninterest expense | 614,000 | 1,203,000 | 1,681,000 | 2,188,000 |
| Provision for loan losses | 26,000 | 243,000 | 349,000 | 433,000 |
| Pretax income | -631,000 | -1,233,000 | -1,463,000 | -1,571,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -631,000 | -1,233,000 | -1,463,000 | -1,571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,681,000 | 9,935,000 | 9,705,000 | 9,597,000 |
| Total capital | 9,707,000 | 10,177,000 | 10,054,000 | 10,020,000 |
| Risk-weighted assets | 6,059,000 | 21,610,000 | 29,413,000 | 39,246,000 |