Call reports 2007
CITIZENS' BANK, INC. — 2007
What CITIZENS' BANK, INC. reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 119,505,000 | 111,008,000 | 112,201,000 | 113,516,000 |
| Total loans | 67,069,000 | 69,505,000 | 70,836,000 | 76,116,000 |
| Allowance for loan losses | 540,000 | 564,000 | 596,000 | 597,000 |
| Securities available for sale | 38,203,000 | 27,462,000 | 29,454,000 | 28,400,000 |
| Securities held to maturity | 505,000 | 260,000 | 200,000 | 178,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,756,000 | 91,711,000 | 92,221,000 | 92,203,000 |
| Interest-bearing deposits | 72,903,000 | 74,654,000 | 75,272,000 | 75,820,000 |
| Noninterest-bearing deposits | 16,853,000 | 17,057,000 | 16,948,000 | 16,383,000 |
| Equity capital | 11,853,000 | 10,957,000 | 11,574,000 | 11,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,873,000 | 3,662,000 | 5,555,000 | 7,436,000 |
| Interest expense | 857,000 | 1,762,000 | 2,616,000 | 3,426,000 |
| Net interest income | 1,016,000 | 1,900,000 | 2,939,000 | 4,010,000 |
| Noninterest income | 203,000 | 407,000 | 618,000 | 846,000 |
| Noninterest expense | 772,000 | 1,955,000 | 2,828,000 | 3,647,000 |
| Provision for loan losses | 27,000 | 60,000 | 92,000 | 125,000 |
| Pretax income | 416,000 | 367,000 | 679,000 | 1,123,000 |
| Income tax | 19,000 | 37,000 | 55,000 | 72,000 |
| Net income | 397,000 | 330,000 | 624,000 | 1,051,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,245,000 | 11,828,000 | 12,051,000 | 12,323,000 |
| Total capital | 12,785,000 | 12,392,000 | 12,647,000 | 12,920,000 |
| Risk-weighted assets | 72,428,000 | 74,436,000 | 75,810,000 | 83,418,000 |