Call reports 2004
CITIZENS' BANK, INC. — 2004
What CITIZENS' BANK, INC. 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 | 92,116,000 | 90,746,000 | 98,622,000 | 97,589,000 |
| Total loans | 40,410,000 | 41,803,000 | 42,125,000 | 43,189,000 |
| Allowance for loan losses | 578,000 | 591,000 | 602,000 | 548,000 |
| Securities available for sale | 35,837,000 | 36,971,000 | 35,854,000 | 43,303,000 |
| Securities held to maturity | 3,192,000 | 2,998,000 | 2,968,000 | 1,243,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,541,000 | 61,401,000 | 68,388,000 | 67,429,000 |
| Interest-bearing deposits | 46,837,000 | 47,947,000 | 51,652,000 | 49,265,000 |
| Noninterest-bearing deposits | 14,704,000 | 13,454,000 | 16,736,000 | 18,164,000 |
| Equity capital | 10,459,000 | 9,590,000 | 10,582,000 | 10,816,000 |
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 | 1,080,000 | 2,240,000 | 3,415,000 | 4,657,000 |
| Interest expense | 413,000 | 860,000 | 1,337,000 | 1,819,000 |
| Net interest income | 667,000 | 1,380,000 | 2,078,000 | 2,838,000 |
| Noninterest income | 198,000 | 381,000 | 582,000 | 768,000 |
| Noninterest expense | 590,000 | 1,153,000 | 1,737,000 | 2,350,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 254,000 | 554,000 | 865,000 | 1,237,000 |
| Income tax | 81,000 | 169,000 | 258,000 | 349,000 |
| Net income | 173,000 | 385,000 | 607,000 | 888,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,222,000 | 9,940,000 | 10,613,000 | 10,831,000 |
| Total capital | 10,800,000 | 10,530,000 | 11,215,000 | 11,379,000 |
| Risk-weighted assets | 48,869,000 | 49,732,000 | 51,810,000 | 54,357,000 |