Call reports 2008
CITIZENS BANK, N.A. — 2008
What CITIZENS BANK, N.A. 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 | 282,052,000 | 283,153,000 | 280,454,000 | 293,719,000 |
| Total loans | 170,218,000 | 166,199,000 | 159,069,000 | 170,658,000 |
| Allowance for loan losses | 1,698,000 | 1,806,000 | 1,846,000 | 1,696,000 |
| Securities available for sale | 79,824,000 | 83,804,000 | 89,136,000 | 91,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 893,000 | 888,000 | 626,000 | 136,000 |
| Total deposits | 191,314,000 | 191,170,000 | 183,651,000 | 194,646,000 |
| Interest-bearing deposits | 161,681,000 | 161,202,000 | 153,290,000 | 165,866,000 |
| Noninterest-bearing deposits | 29,633,000 | 29,968,000 | 30,361,000 | 28,780,000 |
| Equity capital | 26,717,000 | 24,152,000 | 24,947,000 | 25,934,000 |
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 | 4,245,000 | 8,333,000 | 12,641,000 | 16,747,000 |
| Interest expense | 1,976,000 | 3,882,000 | 5,679,000 | 7,310,000 |
| Net interest income | 2,269,000 | 4,451,000 | 6,962,000 | 9,437,000 |
| Noninterest income | 535,000 | 1,586,000 | 2,363,000 | 2,927,000 |
| Noninterest expense | 2,080,000 | 4,211,000 | 6,530,000 | 8,707,000 |
| Provision for loan losses | 110,000 | 220,000 | 330,000 | 1,799,000 |
| Pretax income | 614,000 | 1,606,000 | 2,465,000 | 2,018,000 |
| Income tax | 26,000 | 62,000 | 99,000 | 75,000 |
| Net income | 588,000 | 1,544,000 | 2,366,000 | 1,943,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,641,000 | 26,132,000 | 26,520,000 | 25,646,000 |
| Total capital | 27,339,000 | 27,938,000 | 28,366,000 | 27,342,000 |
| Risk-weighted assets | 211,061,000 | 210,117,000 | 203,310,000 | 212,349,000 |