Call reports 2006
CITIZENS' BANK, INC. — 2006
What CITIZENS' BANK, INC. reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 115,389,000 | 117,511,000 | 115,201,000 | 113,453,000 |
| Total loans | 60,954,000 | 66,798,000 | 65,972,000 | 65,091,000 |
| Allowance for loan losses | 524,000 | 554,000 | 460,000 | 523,000 |
| Securities available for sale | 41,492,000 | 40,059,000 | 39,518,000 | 38,899,000 |
| Securities held to maturity | 899,000 | 818,000 | 809,000 | 618,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,247,000 | 88,546,000 | 85,676,000 | 83,907,000 |
| Interest-bearing deposits | 62,708,000 | 68,718,000 | 65,157,000 | 66,098,000 |
| Noninterest-bearing deposits | 23,539,000 | 19,828,000 | 20,519,000 | 17,809,000 |
| Equity capital | 10,555,000 | 10,518,000 | 11,075,000 | 11,466,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,650,000 | 3,477,000 | 5,362,000 | 7,226,000 |
| Interest expense | 663,000 | 1,429,000 | 2,241,000 | 3,073,000 |
| Net interest income | 987,000 | 2,048,000 | 3,121,000 | 4,153,000 |
| Noninterest income | 211,000 | 420,000 | 610,000 | 808,000 |
| Noninterest expense | 694,000 | 1,408,000 | 2,152,000 | 2,936,000 |
| Provision for loan losses | 25,000 | 50,000 | 120,000 | 193,000 |
| Pretax income | 473,000 | 999,000 | 1,443,000 | 1,811,000 |
| Income tax | 18,000 | 36,000 | 84,000 | 58,000 |
| Net income | 455,000 | 963,000 | 1,359,000 | 1,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,829,000 | 10,848,000 | 11,276,000 | 11,968,000 |
| Total capital | 11,353,000 | 11,402,000 | 11,736,000 | 12,491,000 |
| Risk-weighted assets | 69,951,000 | 74,416,000 | 72,374,000 | 70,542,000 |