Call reports 2008
CITIZENS BANK, NATIONAL ASSOCIATION — 2008
What CITIZENS BANK, NATIONAL ASSOCIATION 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 | 79,238,000 | 83,191,000 | 81,698,000 | 85,849,000 |
| Total loans | 56,214,000 | 57,454,000 | 55,635,000 | 59,796,000 |
| Allowance for loan losses | 597,000 | 666,000 | 711,000 | 730,000 |
| Securities available for sale | 13,071,000 | 13,250,000 | 12,537,000 | 13,628,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,856,000 | 74,755,000 | 73,070,000 | 77,175,000 |
| Interest-bearing deposits | 55,875,000 | 54,771,000 | 52,995,000 | 53,652,000 |
| Noninterest-bearing deposits | 13,981,000 | 19,984,000 | 20,075,000 | 23,523,000 |
| Equity capital | 8,248,000 | 8,103,000 | 8,295,000 | 8,493,000 |
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 | 1,210,000 | 2,406,000 | 3,583,000 | 4,711,000 |
| Interest expense | 450,000 | 801,000 | 1,090,000 | 1,322,000 |
| Net interest income | 760,000 | 1,605,000 | 2,493,000 | 3,389,000 |
| Noninterest income | 212,000 | 447,000 | 667,000 | 884,000 |
| Noninterest expense | 619,000 | 1,247,000 | 1,890,000 | 2,609,000 |
| Provision for loan losses | 30,000 | 95,000 | 140,000 | 160,000 |
| Pretax income | 323,000 | 710,000 | 1,130,000 | 1,502,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 323,000 | 710,000 | 1,130,000 | 1,502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,163,000 | 6,340,000 | 6,370,000 | 6,492,000 |
| Total capital | 6,760,000 | 7,006,000 | 7,081,000 | 7,222,000 |
| Risk-weighted assets | 63,532,000 | 65,272,000 | 65,869,000 | 70,553,000 |