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 | 51,208,000 | 51,450,000 | 50,720,000 | 50,048,000 |
| Total loans | 23,563,000 | 26,317,000 | 29,384,000 | 26,779,000 |
| Allowance for loan losses | 460,000 | 457,000 | 453,000 | 471,000 |
| Securities available for sale | 6,355,000 | 5,641,000 | 5,064,000 | 4,999,000 |
| Securities held to maturity | 10,691,000 | 11,025,000 | 11,554,000 | 11,823,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,684,000 | 40,247,000 | 38,577,000 | 38,841,000 |
| Interest-bearing deposits | 35,662,000 | 35,685,000 | 4,291,000 | 33,928,000 |
| Noninterest-bearing deposits | 5,022,000 | 4,562,000 | 34,286,000 | 4,913,000 |
| Equity capital | 7,662,000 | 7,686,000 | 7,689,000 | 7,662,000 |
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 | 781,000 | 1,511,000 | 2,277,000 | 3,038,000 |
| Interest expense | 324,000 | 607,000 | 878,000 | 1,125,000 |
| Net interest income | 457,000 | 904,000 | 1,399,000 | 1,913,000 |
| Noninterest income | 36,000 | 67,000 | 104,000 | 145,000 |
| Noninterest expense | 302,000 | 594,000 | 898,000 | 1,258,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 191,000 | 377,000 | 605,000 | 800,000 |
| Income tax | 25,000 | 47,000 | 80,000 | 106,000 |
| Net income | 166,000 | 330,000 | 525,000 | 694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,606,000 | 7,769,000 | 7,814,000 | 7,633,000 |
| Total capital | 8,024,000 | 8,178,000 | 8,251,000 | 8,057,000 |
| Risk-weighted assets | 33,432,000 | 32,808,000 | 35,130,000 | 33,891,000 |