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 | 190,829,000 | 198,557,000 | 185,714,000 | 176,901,000 |
| Total loans | 153,544,000 | 152,716,000 | 153,136,000 | 149,816,000 |
| Allowance for loan losses | 2,337,000 | 2,941,000 | 2,885,000 | 2,589,000 |
| Securities available for sale | 17,984,000 | 17,336,000 | 18,293,000 | 15,849,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,121,000 | 168,853,000 | 151,315,000 | 146,057,000 |
| Interest-bearing deposits | 134,991,000 | 139,198,000 | 120,543,000 | 115,780,000 |
| Noninterest-bearing deposits | 27,129,000 | 29,655,000 | 30,772,000 | 30,277,000 |
| Equity capital | 18,057,000 | 19,273,000 | 19,829,000 | 19,898,000 |
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 | 3,407,000 | 6,838,000 | 10,230,000 | 13,459,000 |
| Interest expense | 1,548,000 | 3,202,000 | 4,749,000 | 6,188,000 |
| Net interest income | 1,859,000 | 3,636,000 | 5,481,000 | 7,271,000 |
| Noninterest income | 274,000 | 548,000 | 883,000 | 1,166,000 |
| Noninterest expense | 1,303,000 | 2,553,000 | 3,824,000 | 5,040,000 |
| Provision for loan losses | 90,000 | 1,445,000 | 1,535,000 | 2,194,000 |
| Pretax income | 740,000 | 186,000 | 1,005,000 | 1,203,000 |
| Income tax | 247,000 | 28,000 | 323,000 | 374,000 |
| Net income | 493,000 | 158,000 | 682,000 | 829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,210,000 | 19,504,000 | 19,937,000 | 19,955,000 |
| Total capital | 20,070,000 | 21,395,000 | 21,807,000 | 21,760,000 |
| Risk-weighted assets | 148,353,000 | 150,264,000 | 148,571,000 | 143,642,000 |