Call reports 2002
CITIZENS BANK — 2002
What CITIZENS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 124,417,000 | 125,211,000 | 129,494,000 | 125,354,000 |
| Total loans | 98,992,000 | 100,749,000 | 104,286,000 | 101,948,000 |
| Allowance for loan losses | 1,019,000 | 998,000 | 1,005,000 | 1,036,000 |
| Securities available for sale | 13,282,000 | 13,358,000 | 11,446,000 | 10,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,173,000 | 105,092,000 | 108,032,000 | 106,344,000 |
| Interest-bearing deposits | 89,373,000 | 91,000,000 | 91,784,000 | 88,872,000 |
| Noninterest-bearing deposits | 13,800,000 | 14,092,000 | 16,248,000 | 17,473,000 |
| Equity capital | 9,372,000 | 9,884,000 | 10,280,000 | 10,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,075,000 | 4,194,000 | 6,308,000 | 8,376,000 |
| Interest expense | 862,000 | 1,685,000 | 2,459,000 | 3,145,000 |
| Net interest income | 1,213,000 | 2,509,000 | 3,849,000 | 5,231,000 |
| Noninterest income | 213,000 | 452,000 | 700,000 | 975,000 |
| Noninterest expense | 952,000 | 1,932,000 | 2,921,000 | 3,999,000 |
| Provision for loan losses | 45,000 | 105,000 | 170,000 | 225,000 |
| Pretax income | 429,000 | 924,000 | 1,458,000 | 1,982,000 |
| Income tax | 140,000 | 301,000 | 475,000 | 645,000 |
| Net income | 289,000 | 623,000 | 983,000 | 1,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,421,000 | 9,708,000 | 10,068,000 | 10,335,000 |
| Total capital | 10,440,000 | 10,706,000 | 11,073,000 | 11,371,000 |
| Risk-weighted assets | 87,958,000 | 88,932,000 | 90,617,000 | 90,186,000 |