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 | 36,633,000 | 37,949,000 | 37,651,000 | 38,457,000 |
| Total loans | 32,264,000 | 34,123,000 | 33,583,000 | 34,502,000 |
| Allowance for loan losses | 321,000 | 322,000 | 332,000 | 336,000 |
| Securities available for sale | 408,000 | 818,000 | 815,000 | 814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,929,000 | 32,130,000 | 30,517,000 | 31,430,000 |
| Interest-bearing deposits | 28,743,000 | 27,543,000 | 26,560,000 | 27,536,000 |
| Noninterest-bearing deposits | 4,186,000 | 4,587,000 | 3,957,000 | 3,894,000 |
| Equity capital | 2,733,000 | 2,694,000 | 2,696,000 | 2,755,000 |
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 | 690,000 | 1,391,000 | 2,082,000 | 2,730,000 |
| Interest expense | 294,000 | 532,000 | 759,000 | 987,000 |
| Net interest income | 396,000 | 859,000 | 1,323,000 | 1,743,000 |
| Noninterest income | 76,000 | 167,000 | 256,000 | 364,000 |
| Noninterest expense | 383,000 | 798,000 | 1,226,000 | 1,667,000 |
| Provision for loan losses | 2,000 | 3,000 | 12,000 | 22,000 |
| Pretax income | 87,000 | 225,000 | 344,000 | 422,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 87,000 | 225,000 | 344,000 | 422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,733,000 | 2,694,000 | 2,696,000 | 2,751,000 |
| Total capital | 3,054,000 | 3,016,000 | 3,028,000 | 3,087,000 |
| Risk-weighted assets | 27,696,000 | 28,588,000 | 28,218,000 | 28,636,000 |