Call reports 2008
CITIZENS BANK & TRUST COMPANY — 2008
What CITIZENS BANK & TRUST COMPANY 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 | 309,457,000 | 328,759,000 | 329,602,000 | 327,048,000 |
| Total loans | 211,079,000 | 206,805,000 | 209,425,000 | 212,439,000 |
| Allowance for loan losses | 2,096,000 | 2,232,000 | 2,459,000 | 2,219,000 |
| Securities available for sale | 30,055,000 | 31,728,000 | 34,737,000 | 39,412,000 |
| Securities held to maturity | 47,087,000 | 53,300,000 | 54,461,000 | 48,496,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,025,000 | 286,842,000 | 283,618,000 | 286,929,000 |
| Interest-bearing deposits | 226,780,000 | 242,624,000 | 238,178,000 | 242,390,000 |
| Noninterest-bearing deposits | 37,245,000 | 44,218,000 | 45,440,000 | 44,539,000 |
| Equity capital | 32,926,000 | 32,096,000 | 33,567,000 | 32,641,000 |
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 | 5,130,000 | 10,220,000 | 15,251,000 | 19,957,000 |
| Interest expense | 1,959,000 | 3,625,000 | 5,185,000 | 6,525,000 |
| Net interest income | 3,171,000 | 6,595,000 | 10,066,000 | 13,432,000 |
| Noninterest income | 770,000 | 1,452,000 | 2,175,000 | 1,996,000 |
| Noninterest expense | 1,809,000 | 3,702,000 | 5,610,000 | 7,557,000 |
| Provision for loan losses | 214,000 | 414,000 | 499,000 | 649,000 |
| Pretax income | 1,918,000 | 3,931,000 | 6,132,000 | 7,222,000 |
| Income tax | 654,000 | 1,339,000 | 2,107,000 | 2,425,000 |
| Net income | 1,264,000 | 2,592,000 | 4,025,000 | 4,797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,104,000 | 31,632,000 | 33,065,000 | 32,037,000 |
| Total capital | 34,200,000 | 33,864,000 | 35,524,000 | 34,256,000 |
| Risk-weighted assets | 209,972,000 | 211,938,000 | 212,835,000 | 220,857,000 |