Call reports 2004
CITIZENS BANK — 2004
What CITIZENS BANK 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 | 1,224,221,000 | 1,275,899,000 | 1,316,048,000 | 1,353,186,000 |
| Total loans | 738,051,000 | 775,884,000 | 829,059,000 | 871,268,000 |
| Allowance for loan losses | 6,026,000 | 6,732,000 | 6,978,000 | 8,289,000 |
| Securities available for sale | 327,991,000 | 345,977,000 | 353,077,000 | 347,849,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 988,445,000 | 1,086,897,000 | 1,077,836,000 | 1,061,717,000 |
| Interest-bearing deposits | 824,664,000 | 868,834,000 | 901,583,000 | 885,382,000 |
| Noninterest-bearing deposits | 163,781,000 | 218,063,000 | 176,253,000 | 176,335,000 |
| Equity capital | 149,227,000 | 145,593,000 | 153,916,000 | 146,764,000 |
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 | 13,297,000 | 27,145,000 | 41,578,000 | 56,879,000 |
| Interest expense | 3,717,000 | 7,492,000 | 11,632,000 | 16,258,000 |
| Net interest income | 9,580,000 | 19,653,000 | 29,946,000 | 40,621,000 |
| Noninterest income | 2,534,000 | 5,337,000 | 8,486,000 | 11,186,000 |
| Noninterest expense | 6,820,000 | 14,128,000 | 21,572,000 | 29,245,000 |
| Provision for loan losses | 444,000 | 1,889,000 | 2,333,000 | 3,521,000 |
| Pretax income | 4,479,000 | 8,578,000 | 14,128,000 | 18,472,000 |
| Income tax | 1,684,000 | 3,226,000 | 5,311,000 | 6,922,000 |
| Net income | 2,795,000 | 5,352,000 | 8,817,000 | 11,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,423,000 | 69,536,000 | 73,557,000 | 67,839,000 |
| Total capital | 72,449,000 | 76,268,000 | 80,535,000 | 76,128,000 |
| Risk-weighted assets | 579,363,000 | 605,378,000 | 663,286,000 | 705,228,000 |