Call reports 2007
CITIZENS BANK — 2007
What CITIZENS BANK 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 | 602,418,000 | 614,083,000 | 604,629,000 | 614,709,000 |
| Total loans | 480,222,000 | 494,839,000 | 488,910,000 | 493,640,000 |
| Allowance for loan losses | 4,216,000 | 4,179,000 | 4,164,000 | 3,920,000 |
| Securities available for sale | 78,574,000 | 76,157,000 | 73,310,000 | 78,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 452,158,000 | 457,314,000 | 467,423,000 | 457,048,000 |
| Interest-bearing deposits | 381,055,000 | 382,631,000 | 397,306,000 | 392,394,000 |
| Noninterest-bearing deposits | 71,103,000 | 74,683,000 | 70,117,000 | 64,654,000 |
| Equity capital | 66,956,000 | 66,983,000 | 67,886,000 | 68,675,000 |
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 | 10,547,000 | 21,407,000 | 32,460,000 | 43,113,000 |
| Interest expense | 4,440,000 | 8,927,000 | 13,493,000 | 17,786,000 |
| Net interest income | 6,107,000 | 12,480,000 | 18,967,000 | 25,327,000 |
| Noninterest income | 1,065,000 | 2,103,000 | 3,249,000 | 4,775,000 |
| Noninterest expense | 3,610,000 | 7,480,000 | 11,293,000 | 15,217,000 |
| Provision for loan losses | 184,000 | 364,000 | 364,000 | 617,000 |
| Pretax income | 3,378,000 | 6,739,000 | 10,561,000 | 14,277,000 |
| Income tax | 261,000 | 532,000 | 818,000 | 958,000 |
| Net income | 3,117,000 | 6,207,000 | 9,743,000 | 13,319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,911,000 | 61,733,000 | 62,668,000 | 63,816,000 |
| Total capital | 65,127,000 | 65,912,000 | 66,832,000 | 67,736,000 |
| Risk-weighted assets | 391,522,000 | 406,488,000 | 384,191,000 | 393,428,000 |