Call reports 2008
CITIZENS BANK & TRUST COMPANY — 2008
What CITIZENS BANK & TRUST COMPANY 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 | 106,745,000 | 108,054,000 | 116,650,000 | 116,004,000 |
| Total loans | 62,920,000 | 61,265,000 | 65,168,000 | 67,663,000 |
| Allowance for loan losses | 517,000 | 537,000 | 553,000 | 574,000 |
| Securities available for sale | 15,829,000 | 16,691,000 | 17,621,000 | 18,336,000 |
| Securities held to maturity | 11,927,000 | 13,658,000 | 16,357,000 | 17,237,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,800,000 | 96,313,000 | 104,793,000 | 103,780,000 |
| Interest-bearing deposits | 78,107,000 | 79,484,000 | 81,285,000 | 84,576,000 |
| Noninterest-bearing deposits | 16,693,000 | 16,828,000 | 23,508,000 | 19,204,000 |
| Equity capital | 9,777,000 | 9,690,000 | 9,842,000 | 10,506,000 |
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 | 1,604,000 | 3,116,000 | 4,679,000 | 6,366,000 |
| Interest expense | 673,000 | 1,277,000 | 1,839,000 | 2,339,000 |
| Net interest income | 931,000 | 1,839,000 | 2,840,000 | 4,027,000 |
| Noninterest income | 332,000 | 670,000 | 1,043,000 | 1,447,000 |
| Noninterest expense | 1,073,000 | 2,165,000 | 3,308,000 | 4,440,000 |
| Provision for loan losses | 15,000 | 40,000 | 70,000 | 100,000 |
| Pretax income | 175,000 | 304,000 | 505,000 | 934,000 |
| Income tax | 44,000 | 88,000 | 131,000 | 175,000 |
| Net income | 131,000 | 216,000 | 374,000 | 759,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,631,000 | 9,696,000 | 9,831,000 | 10,198,000 |
| Total capital | 10,148,000 | 10,233,000 | 10,384,000 | 10,772,000 |
| Risk-weighted assets | 72,254,000 | 70,535,000 | 75,310,000 | 76,747,000 |