Call reports 2003
CITIZENS BANK — 2003
What CITIZENS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 20,592,000 | 21,284,000 | 20,146,000 | 20,361,000 |
| Total loans | 14,385,000 | 15,089,000 | 14,843,000 | 13,833,000 |
| Allowance for loan losses | 126,000 | 133,000 | 164,000 | 163,000 |
| Securities available for sale | 3,840,000 | 4,598,000 | 3,288,000 | 4,472,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,043,000 | 16,998,000 | 16,647,000 | 16,887,000 |
| Interest-bearing deposits | 14,684,000 | 14,359,000 | 14,180,000 | 14,108,000 |
| Noninterest-bearing deposits | 2,359,000 | 2,639,000 | 2,467,000 | 2,779,000 |
| Equity capital | 1,753,000 | 1,620,000 | 1,679,000 | 1,679,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 300,000 | 605,000 | 913,000 | 1,207,000 |
| Interest expense | 104,000 | 200,000 | 286,000 | 362,000 |
| Net interest income | 196,000 | 405,000 | 627,000 | 845,000 |
| Noninterest income | 53,000 | 111,000 | 164,000 | 225,000 |
| Noninterest expense | 183,000 | 356,000 | 544,000 | 767,000 |
| Provision for loan losses | 15,000 | 60,000 | 67,000 | 74,000 |
| Pretax income | 51,000 | 100,000 | 180,000 | 229,000 |
| Income tax | 0 | 0 | 0 | -9,000 |
| Net income | 51,000 | 100,000 | 180,000 | 238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,700,000 | 1,549,000 | 1,629,000 | 1,637,000 |
| Total capital | 1,826,000 | 1,682,000 | 1,793,000 | 1,797,000 |
| Risk-weighted assets | 13,368,000 | 13,865,000 | 13,451,000 | 12,826,000 |