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 | 401,748,000 | 420,887,000 | 425,962,000 | 447,324,000 |
| Total loans | 245,349,000 | 261,643,000 | 271,771,000 | 289,230,000 |
| Allowance for loan losses | 3,183,000 | 3,247,000 | 3,465,000 | 3,693,000 |
| Securities available for sale | 44,000 | 1,824,000 | 804,000 | 158,000 |
| Securities held to maturity | 110,069,000 | 109,506,000 | 110,327,000 | 113,573,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 348,759,000 | 366,682,000 | 370,641,000 | 391,021,000 |
| Interest-bearing deposits | 310,415,000 | 320,608,000 | 330,131,000 | 348,662,000 |
| Noninterest-bearing deposits | 38,344,000 | 46,074,000 | 40,510,000 | 42,359,000 |
| Equity capital | 39,835,000 | 41,373,000 | 42,699,000 | 43,894,000 |
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 | 5,383,000 | 10,718,000 | 16,145,000 | 21,604,000 |
| Interest expense | 1,875,000 | 3,638,000 | 5,383,000 | 7,041,000 |
| Net interest income | 3,508,000 | 7,080,000 | 10,762,000 | 14,563,000 |
| Noninterest income | 1,250,000 | 2,758,000 | 4,078,000 | 4,835,000 |
| Noninterest expense | 2,517,000 | 5,141,000 | 7,744,000 | 10,302,000 |
| Provision for loan losses | 170,000 | 340,000 | 570,000 | 955,000 |
| Pretax income | 2,071,000 | 4,357,000 | 6,526,000 | 8,141,000 |
| Income tax | 655,000 | 1,403,000 | 2,116,000 | 2,536,000 |
| Net income | 1,416,000 | 2,954,000 | 4,410,000 | 5,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,730,000 | 41,271,000 | 42,600,000 | 43,798,000 |
| Total capital | 42,913,000 | 44,518,000 | 46,065,000 | 47,491,000 |
| Risk-weighted assets | 276,480,000 | 292,686,000 | 311,994,000 | 332,388,000 |