Call reports 2002
CITIZENS' BANK, INC. — 2002
What CITIZENS' BANK, INC. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 78,783,000 | 85,351,000 | 92,132,000 | 82,201,000 |
| Total loans | 39,053,000 | 36,739,000 | 37,364,000 | 36,703,000 |
| Allowance for loan losses | 502,000 | 647,000 | 618,000 | 586,000 |
| Securities available for sale | 23,013,000 | 26,223,000 | 30,472,000 | 28,661,000 |
| Securities held to maturity | 4,565,000 | 4,528,000 | 4,440,000 | 4,180,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,452,000 | 59,573,000 | 66,242,000 | 56,271,000 |
| Interest-bearing deposits | 42,979,000 | 49,646,000 | 55,187,000 | 45,883,000 |
| Noninterest-bearing deposits | 10,473,000 | 9,927,000 | 11,054,000 | 10,388,000 |
| Equity capital | 8,864,000 | 9,340,000 | 9,599,000 | 9,829,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,364,000 | 2,678,000 | 4,043,000 | 5,240,000 |
| Interest expense | 575,000 | 1,125,000 | 1,664,000 | 2,220,000 |
| Net interest income | 789,000 | 1,553,000 | 2,379,000 | 3,020,000 |
| Noninterest income | 186,000 | 366,000 | 554,000 | 657,000 |
| Noninterest expense | 571,000 | 1,153,000 | 1,800,000 | 2,358,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | 43,000 |
| Pretax income | 395,000 | 742,000 | 1,111,000 | 1,297,000 |
| Income tax | 89,000 | 228,000 | 315,000 | 420,000 |
| Net income | 306,000 | 514,000 | 796,000 | 877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,906,000 | 9,115,000 | 9,374,000 | 9,392,000 |
| Total capital | 9,408,000 | 9,656,000 | 9,932,000 | 9,928,000 |
| Risk-weighted assets | 43,579,000 | 43,177,000 | 44,547,000 | 42,855,000 |