Call reports 2003
CITIZENS BANK, NATIONAL ASSOCIATION — 2003
What CITIZENS BANK, NATIONAL ASSOCIATION 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 | 46,652,000 | 47,687,000 | 53,235,000 | 55,234,000 |
| Total loans | 28,014,000 | 26,814,000 | 32,576,000 | 34,255,000 |
| Allowance for loan losses | 439,000 | 450,000 | 438,000 | 483,000 |
| Securities available for sale | 11,522,000 | 13,022,000 | 14,567,000 | 14,744,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,647,000 | 41,842,000 | 41,711,000 | 44,093,000 |
| Interest-bearing deposits | 29,804,000 | 30,867,000 | 31,999,000 | 32,050,000 |
| Noninterest-bearing deposits | 10,844,000 | 10,976,000 | 9,712,000 | 12,043,000 |
| Equity capital | 5,670,000 | 5,710,000 | 5,529,000 | 5,450,000 |
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 | 604,000 | 1,177,000 | 1,745,000 | 2,382,000 |
| Interest expense | 142,000 | 279,000 | 418,000 | 557,000 |
| Net interest income | 462,000 | 898,000 | 1,327,000 | 1,825,000 |
| Noninterest income | 180,000 | 353,000 | 540,000 | 731,000 |
| Noninterest expense | 410,000 | 829,000 | 1,257,000 | 1,699,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | 80,000 |
| Pretax income | 217,000 | 392,000 | 580,000 | 777,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 217,000 | 392,000 | 580,000 | 777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,721,000 | 3,777,000 | 3,797,000 | 3,719,000 |
| Total capital | 4,118,000 | 4,158,000 | 4,235,000 | 4,197,000 |
| Risk-weighted assets | 31,658,000 | 30,297,000 | 35,940,000 | 38,232,000 |