Call reports 2008
CITIZENS BANK — 2008
What CITIZENS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 127,272,000 | 124,642,000 | 129,287,000 | 128,460,000 |
| Total loans | 99,131,000 | 98,915,000 | 105,272,000 | 105,648,000 |
| Allowance for loan losses | 1,325,000 | 1,330,000 | 1,293,000 | 1,439,000 |
| Securities available for sale | 14,113,000 | 14,222,000 | 14,114,000 | 12,374,000 |
| Securities held to maturity | 877,000 | 352,000 | 252,000 | 202,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,603,000 | 103,103,000 | 102,201,000 | 101,075,000 |
| Interest-bearing deposits | 93,661,000 | 89,811,000 | 91,270,000 | 90,332,000 |
| Noninterest-bearing deposits | 11,942,000 | 13,292,000 | 10,931,000 | 10,743,000 |
| Equity capital | 13,891,000 | 13,762,000 | 13,997,000 | 13,600,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,164,000 | 4,263,000 | 6,405,000 | 8,516,000 |
| Interest expense | 959,000 | 1,826,000 | 2,624,000 | 3,379,000 |
| Net interest income | 1,205,000 | 2,437,000 | 3,781,000 | 5,137,000 |
| Noninterest income | 241,000 | 499,000 | 750,000 | 1,003,000 |
| Noninterest expense | 1,055,000 | 2,108,000 | 3,189,000 | 4,227,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 691,000 |
| Pretax income | 316,000 | 678,000 | 1,118,000 | 1,223,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 316,000 | 678,000 | 1,118,000 | 1,223,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,770,000 | 13,973,000 | 14,290,000 | 13,595,000 |
| Total capital | 14,932,000 | 15,124,000 | 15,498,000 | 14,804,000 |
| Risk-weighted assets | 92,830,000 | 91,939,000 | 96,523,000 | 96,530,000 |