Call reports 2008
CITIZENS BANK, THE — 2008
What CITIZENS BANK, THE 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 | 270,688,000 | 279,851,000 | 285,820,000 | 285,887,000 |
| Total loans | 206,622,000 | 213,181,000 | 211,213,000 | 217,594,000 |
| Allowance for loan losses | 2,636,000 | 2,431,000 | 2,906,000 | 3,233,000 |
| Securities available for sale | 15,463,000 | 14,821,000 | 13,084,000 | 10,432,000 |
| Securities held to maturity | 5,444,000 | 6,383,000 | 10,745,000 | 19,099,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,770,000 | 227,574,000 | 231,303,000 | 230,831,000 |
| Interest-bearing deposits | 215,478,000 | 198,661,000 | 203,379,000 | 206,331,000 |
| Noninterest-bearing deposits | 25,292,000 | 28,913,000 | 27,924,000 | 24,500,000 |
| Equity capital | 26,595,000 | 26,761,000 | 27,116,000 | 28,075,000 |
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 | 4,738,000 | 8,962,000 | 13,144,000 | 17,070,000 |
| Interest expense | 2,372,000 | 4,345,000 | 6,313,000 | 8,244,000 |
| Net interest income | 2,366,000 | 4,617,000 | 6,831,000 | 8,826,000 |
| Noninterest income | 286,000 | 652,000 | 1,056,000 | 1,438,000 |
| Noninterest expense | 1,525,000 | 3,101,000 | 4,708,000 | 6,022,000 |
| Provision for loan losses | 135,000 | 270,000 | 805,000 | 1,232,000 |
| Pretax income | 992,000 | 1,898,000 | 2,374,000 | 3,010,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 992,000 | 1,898,000 | 2,374,000 | 3,010,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,184,000 | 26,655,000 | 27,129,000 | 27,763,000 |
| Total capital | 28,820,000 | 29,086,000 | 29,870,000 | 30,527,000 |
| Risk-weighted assets | 215,477,000 | 241,266,000 | 219,119,000 | 220,669,000 |
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