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 | 294,758,000 | 311,495,000 | 305,286,000 | 299,641,000 |
| Total loans | 199,612,000 | 209,382,000 | 212,917,000 | 216,888,000 |
| Allowance for loan losses | 2,259,000 | 2,289,000 | 2,353,000 | 2,402,000 |
| Securities available for sale | 28,133,000 | 29,560,000 | 27,770,000 | 26,619,000 |
| Securities held to maturity | 46,269,000 | 45,413,000 | 44,060,000 | 41,903,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,255,000 | 267,197,000 | 252,994,000 | 254,750,000 |
| Interest-bearing deposits | 202,439,000 | 215,897,000 | 205,238,000 | 238,345,000 |
| Noninterest-bearing deposits | 50,816,000 | 51,300,000 | 47,756,000 | 16,405,000 |
| Equity capital | 31,585,000 | 31,767,000 | 32,220,000 | 31,774,000 |
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 | 4,340,000 | 8,861,000 | 13,602,000 | 18,304,000 |
| Interest expense | 1,521,000 | 3,190,000 | 4,964,000 | 6,748,000 |
| Net interest income | 2,819,000 | 5,671,000 | 8,638,000 | 11,556,000 |
| Noninterest income | 796,000 | 1,677,000 | 2,536,000 | 3,394,000 |
| Noninterest expense | 2,765,000 | 5,629,000 | 8,404,000 | 11,260,000 |
| Provision for loan losses | 65,000 | 140,000 | 236,000 | 344,000 |
| Pretax income | 785,000 | 1,579,000 | 2,534,000 | 3,346,000 |
| Income tax | 104,000 | 208,000 | 381,000 | 498,000 |
| Net income | 681,000 | 1,371,000 | 2,153,000 | 2,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,545,000 | 31,806,000 | 32,160,000 | 32,157,000 |
| Total capital | 33,804,000 | 34,095,000 | 34,513,000 | 34,559,000 |
| Risk-weighted assets | 216,578,000 | 227,716,000 | 228,915,000 | 230,956,000 |