Call reports 2008
CITIZENS BANK & TRUST — 2008
What CITIZENS BANK & TRUST 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 | 214,528,000 | 221,969,000 | 236,190,000 | 243,245,000 |
| Total loans | 151,783,000 | 164,040,000 | 179,479,000 | 191,451,000 |
| Allowance for loan losses | 1,595,000 | 1,587,000 | 1,789,000 | 1,851,000 |
| Securities available for sale | 40,475,000 | 37,873,000 | 37,773,000 | 33,588,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 94,000 | 121,000 | 139,000 | 165,000 |
| Total deposits | 194,158,000 | 201,114,000 | 201,984,000 | 204,351,000 |
| Interest-bearing deposits | 172,723,000 | 174,308,000 | 177,557,000 | 198,714,000 |
| Noninterest-bearing deposits | 21,435,000 | 26,806,000 | 24,428,000 | 5,637,000 |
| Equity capital | 16,488,000 | 17,934,000 | 20,691,000 | 19,658,000 |
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 | 3,555,000 | 7,063,000 | 10,706,000 | 14,274,000 |
| Interest expense | 1,742,000 | 3,235,000 | 4,720,000 | 6,237,000 |
| Net interest income | 1,813,000 | 3,828,000 | 5,986,000 | 8,037,000 |
| Noninterest income | 465,000 | 951,000 | 1,499,000 | 2,019,000 |
| Noninterest expense | 1,630,000 | 3,355,000 | 5,171,000 | 6,974,000 |
| Provision for loan losses | 210,000 | 410,000 | 635,000 | 960,000 |
| Pretax income | 486,000 | 1,078,000 | 1,743,000 | 2,250,000 |
| Income tax | 120,000 | 275,000 | 468,000 | 530,000 |
| Net income | 366,000 | 803,000 | 1,275,000 | 1,720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,825,000 | 18,367,000 | 21,187,000 | 21,248,000 |
| Total capital | 18,420,000 | 19,954,000 | 22,976,000 | 23,099,000 |
| Risk-weighted assets | 166,143,000 | 181,458,000 | 193,814,000 | 205,554,000 |