Call reports 2010
CITIZENS BANK — 2010
What CITIZENS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 65,006,000 | 65,910,000 | 68,685,000 | 67,229,000 |
| Total loans | 33,094,000 | 33,990,000 | 34,148,000 | 34,693,000 |
| Allowance for loan losses | 348,000 | 344,000 | 398,000 | 349,000 |
| Securities available for sale | 19,961,000 | 21,724,000 | 23,483,000 | 24,125,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,465,000 | 58,122,000 | 60,813,000 | 59,748,000 |
| Interest-bearing deposits | 47,538,000 | 48,588,000 | 51,375,000 | 50,911,000 |
| Noninterest-bearing deposits | 9,927,000 | 9,534,000 | 9,438,000 | 8,837,000 |
| Equity capital | 7,051,000 | 7,268,000 | 7,340,000 | 6,975,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 797,000 | 1,607,000 | 2,416,000 | 3,231,000 |
| Interest expense | 196,000 | 382,000 | 563,000 | 739,000 |
| Net interest income | 601,000 | 1,225,000 | 1,853,000 | 2,492,000 |
| Noninterest income | 173,000 | 361,000 | 516,000 | 687,000 |
| Noninterest expense | 614,000 | 1,196,000 | 1,789,000 | 2,486,000 |
| Provision for loan losses | 34,000 | 84,000 | 129,000 | 139,000 |
| Pretax income | 126,000 | 306,000 | 451,000 | 554,000 |
| Income tax | 34,000 | 74,000 | 123,000 | 114,000 |
| Net income | 92,000 | 232,000 | 328,000 | 440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,787,000 | 6,927,000 | 7,023,000 | 6,935,000 |
| Total capital | 7,135,000 | 7,271,000 | 7,421,000 | 7,284,000 |
| Risk-weighted assets | 37,654,000 | 38,444,000 | 39,904,000 | 40,061,000 |