Call reports 2003
CITIZENS BANK — 2003
What CITIZENS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 932,175,000 | 990,185,000 | 1,080,757,000 | 1,176,879,000 |
| Total loans | 410,146,000 | 520,163,000 | 620,333,000 | 696,198,000 |
| Allowance for loan losses | 4,801,000 | 4,567,000 | 5,788,000 | 5,824,000 |
| Securities available for sale | 385,953,000 | 340,154,000 | 322,616,000 | 344,712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 777,898,000 | 805,577,000 | 919,463,000 | 969,576,000 |
| Interest-bearing deposits | 626,233,000 | 660,315,000 | 752,187,000 | 809,925,000 |
| Noninterest-bearing deposits | 151,665,000 | 145,262,000 | 167,276,000 | 159,651,000 |
| Equity capital | 135,735,000 | 139,094,000 | 141,197,000 | 142,821,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 9,045,000 | 19,435,000 | 30,388,000 | 42,758,000 |
| Interest expense | 3,004,000 | 6,289,000 | 9,459,000 | 13,038,000 |
| Net interest income | 6,041,000 | 13,146,000 | 20,929,000 | 29,720,000 |
| Noninterest income | 2,298,000 | 4,404,000 | 6,809,000 | 9,213,000 |
| Noninterest expense | 4,121,000 | 8,081,000 | 12,754,000 | 17,091,000 |
| Provision for loan losses | 300,000 | 300,000 | 1,800,000 | 1,800,000 |
| Pretax income | 9,154,000 | 14,468,000 | 18,831,000 | 25,958,000 |
| Income tax | 3,448,000 | 5,461,000 | 7,097,000 | 9,818,000 |
| Net income | 5,706,000 | 9,007,000 | 11,734,000 | 16,140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,441,000 | 54,314,000 | 58,095,000 | 63,069,000 |
| Total capital | 55,083,000 | 58,881,000 | 63,883,000 | 68,893,000 |
| Risk-weighted assets | 371,225,000 | 439,947,000 | 488,743,000 | 545,639,000 |