Call reports 2003
CITIZENS BANK, THE — 2003
What CITIZENS BANK, THE 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 | 103,536,000 | 103,440,000 | 104,380,000 | 102,048,000 |
| Total loans | 71,960,000 | 69,554,000 | 66,364,000 | 68,316,000 |
| Allowance for loan losses | 892,000 | 956,000 | 884,000 | 812,000 |
| Securities available for sale | 26,454,000 | 28,053,000 | 27,772,000 | 27,547,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,909,000 | 92,345,000 | 94,965,000 | 87,584,000 |
| Interest-bearing deposits | 79,284,000 | 77,075,000 | 77,661,000 | 73,460,000 |
| Noninterest-bearing deposits | 12,625,000 | 15,270,000 | 17,304,000 | 14,124,000 |
| Equity capital | 7,886,000 | 8,050,000 | 7,921,000 | 7,907,000 |
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 | 1,613,000 | 3,213,000 | 4,686,000 | 6,158,000 |
| Interest expense | 356,000 | 694,000 | 957,000 | 1,176,000 |
| Net interest income | 1,257,000 | 2,519,000 | 3,729,000 | 4,982,000 |
| Noninterest income | 319,000 | 623,000 | 947,000 | 1,283,000 |
| Noninterest expense | 647,000 | 1,292,000 | 1,950,000 | 2,616,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 869,000 | 1,730,000 | 2,546,000 | 3,449,000 |
| Income tax | 322,000 | 642,000 | 945,000 | 1,280,000 |
| Net income | 547,000 | 1,088,000 | 1,601,000 | 2,169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,503,000 | 7,575,000 | 7,580,000 | 7,668,000 |
| Total capital | 8,395,000 | 8,514,000 | 8,464,000 | 8,480,000 |
| Risk-weighted assets | 78,387,000 | 75,714,000 | 73,772,000 | 74,846,000 |