Call reports 2004
CITIZENS BANK — 2004
What CITIZENS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 123,355,000 | 121,324,000 | 119,019,000 | 118,224,000 |
| Total loans | 93,635,000 | 92,653,000 | 89,850,000 | 89,434,000 |
| Allowance for loan losses | 1,330,000 | 1,380,000 | 1,429,000 | 1,147,000 |
| Securities available for sale | 14,295,000 | 15,780,000 | 16,159,000 | 16,438,000 |
| Securities held to maturity | 2,275,000 | 1,887,000 | 1,887,000 | 1,677,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,119,000 | 104,933,000 | 102,677,000 | 102,789,000 |
| Interest-bearing deposits | 94,284,000 | 93,436,000 | 91,397,000 | 90,662,000 |
| Noninterest-bearing deposits | 11,835,000 | 11,497,000 | 11,280,000 | 12,127,000 |
| Equity capital | 13,567,000 | 13,421,000 | 13,902,000 | 13,507,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,975,000 | 3,867,000 | 5,739,000 | 7,555,000 |
| Interest expense | 542,000 | 1,070,000 | 1,585,000 | 2,090,000 |
| Net interest income | 1,433,000 | 2,797,000 | 4,154,000 | 5,465,000 |
| Noninterest income | 249,000 | 517,000 | 720,000 | 947,000 |
| Noninterest expense | 950,000 | 1,947,000 | 2,917,000 | 4,104,000 |
| Provision for loan losses | 143,000 | 503,000 | 779,000 | 921,000 |
| Pretax income | 578,000 | 853,000 | 1,166,000 | 1,376,000 |
| Income tax | 172,000 | 246,000 | 334,000 | 371,000 |
| Net income | 406,000 | 607,000 | 832,000 | 1,005,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,417,000 | 13,618,000 | 13,843,000 | 13,506,000 |
| Total capital | 14,514,000 | 14,712,000 | 14,870,000 | 14,539,000 |
| Risk-weighted assets | 87,546,000 | 87,273,000 | 82,070,000 | 82,527,000 |