Call reports 2007
CITIZENS BANK — 2007
What CITIZENS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 526,193,000 | 523,298,000 | 531,326,000 | 545,524,000 |
| Total loans | 387,093,000 | 398,479,000 | 401,540,000 | 416,480,000 |
| Allowance for loan losses | 4,755,000 | 4,800,000 | 4,728,000 | 4,932,000 |
| Securities available for sale | 3,238,000 | 7,304,000 | 10,313,000 | 12,386,000 |
| Securities held to maturity | 84,017,000 | 79,553,000 | 75,481,000 | 70,035,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 465,576,000 | 461,582,000 | 468,372,000 | 482,358,000 |
| Interest-bearing deposits | 411,585,000 | 405,182,000 | 414,631,000 | 430,332,000 |
| Noninterest-bearing deposits | 53,991,000 | 56,400,000 | 53,741,000 | 52,026,000 |
| Equity capital | 58,368,000 | 59,610,000 | 60,627,000 | 62,216,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 8,101,000 | 16,563,000 | 24,967,000 | 33,275,000 |
| Interest expense | 4,327,000 | 8,509,000 | 12,796,000 | 17,111,000 |
| Net interest income | 3,774,000 | 8,054,000 | 12,171,000 | 16,164,000 |
| Noninterest income | 734,000 | 1,561,000 | 2,425,000 | 3,416,000 |
| Noninterest expense | 3,479,000 | 6,709,000 | 10,095,000 | 13,957,000 |
| Provision for loan losses | 20,000 | 110,000 | 229,000 | 493,000 |
| Pretax income | 1,009,000 | 2,796,000 | 4,272,000 | 5,130,000 |
| Income tax | 190,000 | 691,000 | 1,069,000 | 1,033,000 |
| Net income | 819,000 | 2,105,000 | 3,203,000 | 4,097,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,844,000 | 60,132,000 | 61,065,000 | 62,061,000 |
| Total capital | 63,599,000 | 64,932,000 | 65,793,000 | 66,993,000 |
| Risk-weighted assets | 409,413,000 | 411,267,000 | 417,620,000 | 421,225,000 |