Call reports 2004
CITIZENS BANK — 2004
What CITIZENS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 55,515,000 | 53,766,000 | 53,950,000 | 52,500,000 |
| Total loans | 27,377,000 | 26,620,000 | 27,252,000 | 26,192,000 |
| Allowance for loan losses | 556,000 | 571,000 | 570,000 | 579,000 |
| Securities available for sale | 18,871,000 | 17,459,000 | 18,817,000 | 18,875,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,851,000 | 48,251,000 | 48,134,000 | 46,913,000 |
| Interest-bearing deposits | 40,469,000 | 38,876,000 | 38,124,000 | 37,369,000 |
| Noninterest-bearing deposits | 9,382,000 | 9,375,000 | 10,010,000 | 9,544,000 |
| Equity capital | 5,145,000 | 5,021,000 | 5,365,000 | 5,139,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 795,000 | 1,603,000 | 2,394,000 | 3,131,000 |
| Interest expense | 180,000 | 350,000 | 510,000 | 663,000 |
| Net interest income | 615,000 | 1,253,000 | 1,884,000 | 2,468,000 |
| Noninterest income | 184,000 | 373,000 | 516,000 | 655,000 |
| Noninterest expense | 559,000 | 1,070,000 | 1,590,000 | 2,229,000 |
| Provision for loan losses | 46,000 | 142,000 | 171,000 | 195,000 |
| Pretax income | 194,000 | 414,000 | 639,000 | 699,000 |
| Income tax | 47,000 | 108,000 | 188,000 | 215,000 |
| Net income | 147,000 | 306,000 | 451,000 | 484,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,981,000 | 5,140,000 | 5,285,000 | 5,142,000 |
| Total capital | 5,380,000 | 5,530,000 | 5,681,000 | 5,525,000 |
| Risk-weighted assets | 31,757,000 | 31,022,000 | 31,493,000 | 30,427,000 |