Call reports 2005
CITIZENS BANK — 2005
What CITIZENS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 51,314,000 | 51,035,000 | 53,361,000 | 53,402,000 |
| Total loans | 26,064,000 | 27,751,000 | 28,600,000 | 28,884,000 |
| Allowance for loan losses | 560,000 | 515,000 | 500,000 | 488,000 |
| Securities available for sale | 18,193,000 | 17,254,000 | 16,419,000 | 16,233,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,052,000 | 45,475,000 | 47,583,000 | 47,726,000 |
| Interest-bearing deposits | 36,612,000 | 36,257,000 | 37,275,000 | 36,638,000 |
| Noninterest-bearing deposits | 9,440,000 | 9,218,000 | 10,308,000 | 11,088,000 |
| Equity capital | 4,845,000 | 5,149,000 | 5,322,000 | 5,202,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 759,000 | 1,550,000 | 2,347,000 | 3,193,000 |
| Interest expense | 153,000 | 320,000 | 504,000 | 714,000 |
| Net interest income | 606,000 | 1,230,000 | 1,843,000 | 2,479,000 |
| Noninterest income | 165,000 | 312,000 | 477,000 | 632,000 |
| Noninterest expense | 908,000 | 1,477,000 | 1,978,000 | 2,603,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | -147,000 | 55,000 | 332,000 | 498,000 |
| Income tax | 0 | -4,000 | 66,000 | 74,000 |
| Net income | -147,000 | 59,000 | 266,000 | 424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,996,000 | 5,201,000 | 5,408,000 | 5,391,000 |
| Total capital | 5,374,000 | 5,592,000 | 5,813,000 | 5,799,000 |
| Risk-weighted assets | 30,086,000 | 31,189,000 | 32,311,000 | 32,586,000 |