Call reports 2008
CITIZENS BANK — 2008
What CITIZENS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 31,841,000 | 31,233,000 | 30,912,000 | 33,914,000 |
| Total loans | 16,957,000 | 17,045,000 | 17,313,000 | 17,350,000 |
| Allowance for loan losses | 220,000 | 223,000 | 223,000 | 223,000 |
| Securities available for sale | 12,124,000 | 12,176,000 | 11,822,000 | 14,793,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,430,000 | 23,841,000 | 24,595,000 | 25,584,000 |
| Interest-bearing deposits | 20,116,000 | 18,360,000 | 19,239,000 | 19,369,000 |
| Noninterest-bearing deposits | 5,314,000 | 5,481,000 | 5,356,000 | 6,215,000 |
| Equity capital | 3,525,000 | 3,270,000 | 3,431,000 | 3,492,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 472,000 | 945,000 | 1,408,000 | 1,875,000 |
| Interest expense | 186,000 | 360,000 | 512,000 | 656,000 |
| Net interest income | 286,000 | 585,000 | 896,000 | 1,219,000 |
| Noninterest income | 131,000 | 199,000 | 321,000 | 372,000 |
| Noninterest expense | 251,000 | 533,000 | 798,000 | 1,121,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 166,000 | 251,000 | 419,000 | 470,000 |
| Income tax | 8,000 | 12,000 | 21,000 | 22,000 |
| Net income | 158,000 | 239,000 | 398,000 | 448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,416,000 | 3,347,000 | 3,407,000 | 3,336,000 |
| Total capital | 3,636,000 | 3,570,000 | 3,630,000 | 3,559,000 |
| Risk-weighted assets | 19,896,000 | 19,793,000 | 19,925,000 | 21,565,000 |