Call reports 2003
CITIZENS BANK — 2003
What CITIZENS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 56,629,000 | 55,379,000 | 56,024,000 | 54,769,000 |
| Total loans | 26,883,000 | 27,077,000 | 27,440,000 | 26,858,000 |
| Allowance for loan losses | 556,000 | 562,000 | 611,000 | 546,000 |
| Securities available for sale | 18,546,000 | 19,309,000 | 20,391,000 | 19,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,679,000 | 50,212,000 | 50,928,000 | 49,385,000 |
| Interest-bearing deposits | 43,048,000 | 41,686,000 | 41,506,000 | 41,149,000 |
| Noninterest-bearing deposits | 8,631,000 | 8,526,000 | 9,422,000 | 8,236,000 |
| Equity capital | 4,562,000 | 4,687,000 | 4,590,000 | 4,898,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 802,000 | 1,579,000 | 2,325,000 | 3,176,000 |
| Interest expense | 232,000 | 451,000 | 661,000 | 858,000 |
| Net interest income | 570,000 | 1,128,000 | 1,664,000 | 2,318,000 |
| Noninterest income | 137,000 | 294,000 | 452,000 | 823,000 |
| Noninterest expense | 613,000 | 1,094,000 | 1,634,000 | 2,164,000 |
| Provision for loan losses | 265,000 | 303,000 | 388,000 | 418,000 |
| Pretax income | -171,000 | 25,000 | 94,000 | 567,000 |
| Income tax | 0 | 12,000 | 12,000 | 124,000 |
| Net income | -171,000 | 13,000 | 82,000 | 443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,423,000 | 4,491,000 | 4,560,000 | 4,833,000 |
| Total capital | 4,810,000 | 4,881,000 | 4,966,000 | 5,237,000 |
| Risk-weighted assets | 30,813,000 | 31,028,000 | 32,287,000 | 32,191,000 |