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 | 115,980,000 | 117,016,000 | 128,776,000 | 127,136,000 |
| Total loans | 86,095,000 | 89,515,000 | 95,540,000 | 97,621,000 |
| Allowance for loan losses | 1,102,000 | 1,136,000 | 1,236,000 | 1,280,000 |
| Securities available for sale | 14,540,000 | 14,460,000 | 14,085,000 | 16,104,000 |
| Securities held to maturity | 1,144,000 | 1,144,000 | 1,144,000 | 1,094,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,791,000 | 100,680,000 | 106,088,000 | 105,655,000 |
| Interest-bearing deposits | 88,693,000 | 89,681,000 | 94,013,000 | 94,218,000 |
| Noninterest-bearing deposits | 11,098,000 | 10,999,000 | 12,075,000 | 11,437,000 |
| Equity capital | 14,179,000 | 14,278,000 | 14,560,000 | 13,490,000 |
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 | 1,897,000 | 3,869,000 | 5,948,000 | 8,137,000 |
| Interest expense | 782,000 | 1,623,000 | 2,531,000 | 3,524,000 |
| Net interest income | 1,115,000 | 2,246,000 | 3,417,000 | 4,613,000 |
| Noninterest income | 276,000 | 575,000 | 789,000 | 1,005,000 |
| Noninterest expense | 1,064,000 | 2,195,000 | 3,228,000 | 4,263,000 |
| Provision for loan losses | 60,000 | 150,000 | 255,000 | 757,000 |
| Pretax income | 267,000 | 476,000 | 723,000 | 598,000 |
| Income tax | 73,000 | 126,000 | 194,000 | 253,000 |
| Net income | 194,000 | 350,000 | 529,000 | 345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,269,000 | 14,406,000 | 14,584,000 | 13,460,000 |
| Total capital | 15,282,000 | 15,451,000 | 15,715,000 | 14,603,000 |
| Risk-weighted assets | 80,931,000 | 83,538,000 | 90,345,000 | 91,295,000 |