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 | 91,776,000 | 91,091,000 | 96,069,000 | 90,869,000 |
| Total loans | 45,360,000 | 49,153,000 | 50,242,000 | 52,209,000 |
| Allowance for loan losses | 100,000 | 100,000 | 100,000 | 100,000 |
| Securities available for sale | 4,231,000 | 4,240,000 | 4,173,000 | 4,254,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,686,000 | 80,769,000 | 85,542,000 | 80,787,000 |
| Interest-bearing deposits | 67,462,000 | 68,317,000 | 71,486,000 | 68,409,000 |
| Noninterest-bearing deposits | 14,224,000 | 12,452,000 | 14,056,000 | 12,378,000 |
| Equity capital | 9,868,000 | 10,019,000 | 10,134,000 | 9,979,000 |
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 | 1,307,000 | 2,508,000 | 3,747,000 | 4,957,000 |
| Interest expense | 524,000 | 958,000 | 1,396,000 | 1,788,000 |
| Net interest income | 783,000 | 1,550,000 | 2,351,000 | 3,169,000 |
| Noninterest income | 73,000 | 148,000 | 242,000 | 323,000 |
| Noninterest expense | 555,000 | 1,074,000 | 1,562,000 | 2,134,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 301,000 | 624,000 | 1,031,000 | 1,358,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 301,000 | 624,000 | 1,031,000 | 1,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,854,000 | 10,026,000 | 10,134,000 | 9,911,000 |
| Total capital | 9,954,000 | 10,126,000 | 10,234,000 | 10,011,000 |
| Risk-weighted assets | 54,375,000 | 58,036,000 | 59,176,000 | 59,926,000 |