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 | 548,527,000 | 577,836,000 | 545,002,000 | 549,555,000 |
| Total loans | 404,858,000 | 417,771,000 | 414,872,000 | 413,130,000 |
| Allowance for loan losses | 4,653,000 | 4,840,000 | 4,917,000 | 4,310,000 |
| Securities available for sale | 97,909,000 | 107,566,000 | 79,941,000 | 84,535,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,229,000 | 406,270,000 | 396,504,000 | 384,546,000 |
| Interest-bearing deposits | 338,508,000 | 349,207,000 | 336,183,000 | 332,547,000 |
| Noninterest-bearing deposits | 55,721,000 | 57,063,000 | 60,321,000 | 51,999,000 |
| Equity capital | 59,090,000 | 61,986,000 | 61,995,000 | 61,226,000 |
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 | 7,807,000 | 16,093,000 | 24,197,000 | 31,727,000 |
| Interest expense | 2,137,000 | 4,245,000 | 6,141,000 | 7,880,000 |
| Net interest income | 5,670,000 | 11,848,000 | 18,056,000 | 23,847,000 |
| Noninterest income | 1,372,000 | 2,762,000 | 4,697,000 | 5,983,000 |
| Noninterest expense | 3,539,000 | 7,292,000 | 10,885,000 | 14,542,000 |
| Provision for loan losses | 283,000 | 555,000 | 856,000 | 1,167,000 |
| Pretax income | 3,221,000 | 7,507,000 | 12,489,000 | 15,904,000 |
| Income tax | 164,000 | 433,000 | 779,000 | 1,055,000 |
| Net income | 3,057,000 | 7,074,000 | 11,710,000 | 14,849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,414,000 | 51,295,000 | 52,817,000 | 52,003,000 |
| Total capital | 53,236,000 | 55,355,000 | 56,849,000 | 55,971,000 |
| Risk-weighted assets | 304,959,000 | 323,950,000 | 321,642,000 | 317,077,000 |