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 | 48,645,000 | 47,724,000 | 48,050,000 | 47,795,000 |
| Total loans | 17,379,000 | 16,406,000 | 20,499,000 | 22,949,000 |
| Allowance for loan losses | 534,000 | 529,000 | 518,000 | 541,000 |
| Securities available for sale | 6,782,000 | 10,848,000 | 19,447,000 | 14,354,000 |
| Securities held to maturity | 9,908,000 | 6,908,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,939,000 | 39,898,000 | 39,812,000 | 39,638,000 |
| Interest-bearing deposits | 32,837,000 | 31,954,000 | 30,905,000 | 30,530,000 |
| Noninterest-bearing deposits | 8,102,000 | 7,944,000 | 8,907,000 | 9,108,000 |
| Equity capital | 7,435,000 | 7,508,000 | 7,484,000 | 7,479,000 |
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 | 513,000 | 1,008,000 | 1,546,000 | 2,054,000 |
| Interest expense | 149,000 | 279,000 | 394,000 | 494,000 |
| Net interest income | 364,000 | 729,000 | 1,152,000 | 1,560,000 |
| Noninterest income | 59,000 | 122,000 | 203,000 | 285,000 |
| Noninterest expense | 356,000 | 699,000 | 1,197,000 | 1,556,000 |
| Provision for loan losses | 0 | 0 | 33,000 | 66,000 |
| Pretax income | 67,000 | 152,000 | 125,000 | 223,000 |
| Income tax | 23,000 | 54,000 | 45,000 | 79,000 |
| Net income | 44,000 | 98,000 | 80,000 | 144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,315,000 | 4,362,000 | 3,798,000 | 3,889,000 |
| Total capital | 4,584,000 | 4,630,000 | 4,096,000 | 4,209,000 |
| Risk-weighted assets | 21,246,000 | 21,143,000 | 23,625,000 | 25,365,000 |