Call reports 2004
CITIZENS BANK, NATIONAL ASSOCIATION — 2004
What CITIZENS BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 50,236,000 | 52,073,000 | 55,610,000 | 55,309,000 |
| Total loans | 31,218,000 | 33,759,000 | 36,357,000 | 35,009,000 |
| Allowance for loan losses | 458,000 | 458,000 | 482,000 | 540,000 |
| Securities available for sale | 12,630,000 | 12,314,000 | 12,787,000 | 13,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,358,000 | 42,072,000 | 42,060,000 | 44,291,000 |
| Interest-bearing deposits | 31,289,000 | 31,100,000 | 31,114,000 | 33,716,000 |
| Noninterest-bearing deposits | 13,069,000 | 10,972,000 | 10,946,000 | 10,575,000 |
| Equity capital | 5,724,000 | 5,620,000 | 6,000,000 | 6,107,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 577,000 | 1,159,000 | 1,789,000 | 2,458,000 |
| Interest expense | 120,000 | 229,000 | 354,000 | 503,000 |
| Net interest income | 457,000 | 930,000 | 1,435,000 | 1,955,000 |
| Noninterest income | 173,000 | 348,000 | 547,000 | 721,000 |
| Noninterest expense | 428,000 | 867,000 | 1,332,000 | 1,794,000 |
| Provision for loan losses | 10,000 | 10,000 | 37,000 | 100,000 |
| Pretax income | 192,000 | 401,000 | 613,000 | 782,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 192,000 | 401,000 | 613,000 | 782,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,864,000 | 4,070,000 | 4,227,000 | 4,394,000 |
| Total capital | 4,322,000 | 4,528,000 | 4,709,000 | 4,893,000 |
| Risk-weighted assets | 36,768,000 | 38,837,000 | 41,149,000 | 39,899,000 |