Call reports 2007
CITIZENS BANK — 2007
What CITIZENS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 56,485,000 | 56,615,000 | 55,517,000 | 56,687,000 |
| Total loans | 30,099,000 | 31,128,000 | 31,098,000 | 30,237,000 |
| Allowance for loan losses | 466,000 | 454,000 | 408,000 | 409,000 |
| Securities available for sale | 17,432,000 | 16,649,000 | 16,695,000 | 18,137,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,977,000 | 49,933,000 | 48,671,000 | 49,855,000 |
| Interest-bearing deposits | 39,840,000 | 40,348,000 | 39,807,000 | 40,223,000 |
| Noninterest-bearing deposits | 10,137,000 | 9,585,000 | 8,864,000 | 9,632,000 |
| Equity capital | 5,875,000 | 5,768,000 | 6,138,000 | 6,197,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 928,000 | 1,902,000 | 2,877,000 | 3,839,000 |
| Interest expense | 313,000 | 653,000 | 1,002,000 | 1,355,000 |
| Net interest income | 615,000 | 1,249,000 | 1,875,000 | 2,484,000 |
| Noninterest income | 155,000 | 349,000 | 540,000 | 726,000 |
| Noninterest expense | 542,000 | 1,118,000 | 1,689,000 | 2,354,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 228,000 | 278,000 | 515,000 | 645,000 |
| Income tax | 75,000 | 125,000 | 145,000 | 212,000 |
| Net income | 153,000 | 153,000 | 370,000 | 433,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,003,000 | 5,990,000 | 6,206,000 | 6,095,000 |
| Total capital | 6,428,000 | 6,424,000 | 6,614,000 | 6,504,000 |
| Risk-weighted assets | 33,961,000 | 34,717,000 | 33,960,000 | 33,445,000 |