Call reports 2008
CITIZENS BANK — 2008
What CITIZENS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 314,524,000 | 313,239,000 | 318,551,000 | 336,766,000 |
| Total loans | 217,486,000 | 227,752,000 | 238,326,000 | 251,541,000 |
| Allowance for loan losses | 2,368,000 | 2,396,000 | 2,446,000 | 2,534,000 |
| Securities available for sale | 29,362,000 | 30,614,000 | 26,835,000 | 28,625,000 |
| Securities held to maturity | 40,042,000 | 38,674,000 | 38,146,000 | 37,123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,914,000 | 261,927,000 | 268,388,000 | 277,307,000 |
| Interest-bearing deposits | 252,963,000 | 238,436,000 | 218,994,000 | 230,635,000 |
| Noninterest-bearing deposits | 15,951,000 | 23,491,000 | 49,394,000 | 46,672,000 |
| Equity capital | 31,919,000 | 31,878,000 | 32,186,000 | 31,793,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,554,000 | 9,016,000 | 13,560,000 | 18,168,000 |
| Interest expense | 1,698,000 | 3,132,000 | 4,484,000 | 5,630,000 |
| Net interest income | 2,856,000 | 5,884,000 | 9,076,000 | 12,538,000 |
| Noninterest income | 888,000 | 1,754,000 | 2,640,000 | 3,574,000 |
| Noninterest expense | 2,993,000 | 6,027,000 | 9,078,000 | 12,286,000 |
| Provision for loan losses | 78,000 | 150,000 | 258,000 | 423,000 |
| Pretax income | 779,000 | 1,567,000 | 2,486,000 | 3,509,000 |
| Income tax | 124,000 | 257,000 | 448,000 | 689,000 |
| Net income | 655,000 | 1,310,000 | 2,038,000 | 2,820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,178,000 | 32,330,000 | 32,646,000 | 32,791,000 |
| Total capital | 34,546,000 | 34,726,000 | 35,092,000 | 35,325,000 |
| Risk-weighted assets | 236,175,000 | 243,568,000 | 249,589,000 | 264,336,000 |
Machine access — free, no API key
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