Call reports 2003
CITIZENS BANK — 2003
What CITIZENS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 26,794,000 | 26,720,000 | 27,242,000 | 28,413,000 |
| Total loans | 18,045,000 | 18,335,000 | 18,395,000 | 17,587,000 |
| Allowance for loan losses | 242,000 | 245,000 | 248,000 | 253,000 |
| Securities available for sale | 3,281,000 | 3,290,000 | 3,269,000 | 3,317,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,928,000 | 23,786,000 | 24,424,000 | 25,599,000 |
| Interest-bearing deposits | 19,486,000 | 19,538,000 | 19,797,000 | 20,451,000 |
| Noninterest-bearing deposits | 4,442,000 | 4,248,000 | 4,627,000 | 5,148,000 |
| Equity capital | 2,785,000 | 2,883,000 | 2,763,000 | 2,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 350,000 | 690,000 | 1,038,000 | 1,346,000 |
| Interest expense | 70,000 | 133,000 | 193,000 | 250,000 |
| Net interest income | 280,000 | 557,000 | 845,000 | 1,096,000 |
| Noninterest income | 45,000 | 91,000 | 137,000 | 187,000 |
| Noninterest expense | 183,000 | 362,000 | 546,000 | 753,000 |
| Provision for loan losses | 0 | 0 | -40,000 | -40,000 |
| Pretax income | 142,000 | 286,000 | 476,000 | 570,000 |
| Income tax | 48,000 | 97,000 | 161,000 | 194,000 |
| Net income | 94,000 | 189,000 | 315,000 | 376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,781,000 | 2,876,000 | 2,760,000 | 2,791,000 |
| Total capital | 3,005,000 | 3,101,000 | 2,989,000 | 3,015,000 |
| Risk-weighted assets | 17,902,000 | 17,954,000 | 18,327,000 | 17,879,000 |