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 | 515,300,000 | 512,284,000 | 532,625,000 | 529,621,000 |
| Total loans | 382,620,000 | 390,063,000 | 409,918,000 | 407,459,000 |
| Allowance for loan losses | 4,556,000 | 4,500,000 | 4,602,000 | 4,371,000 |
| Securities available for sale | 79,799,000 | 79,633,000 | 81,559,000 | 80,894,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,248,000 | 390,421,000 | 384,421,000 | 379,586,000 |
| Interest-bearing deposits | 335,144,000 | 330,918,000 | 321,862,000 | 324,943,000 |
| Noninterest-bearing deposits | 59,104,000 | 59,503,000 | 62,559,000 | 54,643,000 |
| Equity capital | 62,631,000 | 61,057,000 | 63,718,000 | 63,841,000 |
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 | 7,291,000 | 14,443,000 | 21,713,000 | 29,315,000 |
| Interest expense | 1,673,000 | 3,307,000 | 4,977,000 | 6,866,000 |
| Net interest income | 5,618,000 | 11,136,000 | 16,736,000 | 22,449,000 |
| Noninterest income | 1,222,000 | 2,662,000 | 3,945,000 | 5,336,000 |
| Noninterest expense | 3,558,000 | 7,231,000 | 10,976,000 | 14,718,000 |
| Provision for loan losses | 271,000 | 563,000 | 834,000 | 963,000 |
| Pretax income | 3,502,000 | 6,524,000 | 9,676,000 | 12,909,000 |
| Income tax | 188,000 | 388,000 | 590,000 | 848,000 |
| Net income | 3,314,000 | 6,136,000 | 9,086,000 | 12,061,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,448,000 | 53,922,000 | 55,007,000 | 55,349,000 |
| Total capital | 57,303,000 | 57,763,000 | 58,935,000 | 59,214,000 |
| Risk-weighted assets | 307,639,000 | 306,577,000 | 313,552,000 | 308,688,000 |