Call reports 2004
CITIZENS BANK — 2004
What CITIZENS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Total assets | 48,204,000 | 49,696,000 | 48,401,000 |
| Total loans | 21,979,000 | 21,709,000 | 21,733,000 |
| Allowance for loan losses | 546,000 | 483,000 | 468,000 |
| Securities available for sale | 13,381,000 | 15,875,000 | 14,730,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 39,914,000 | 41,685,000 | 40,106,000 |
| Interest-bearing deposits | 31,702,000 | 32,422,000 | 31,945,000 |
| Noninterest-bearing deposits | 8,212,000 | 9,263,000 | 8,161,000 |
| Equity capital | 7,556,000 | 7,398,000 | 7,561,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Interest income | 479,000 | 947,000 | 1,429,000 |
| Interest expense | 93,000 | 187,000 | 279,000 |
| Net interest income | 386,000 | 760,000 | 1,150,000 |
| Noninterest income | 76,000 | 156,000 | 239,000 |
| Noninterest expense | 373,000 | 717,000 | 1,096,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 89,000 | 199,000 | 293,000 |
| Income tax | 26,000 | 56,000 | 90,000 |
| Net income | 63,000 | 143,000 | 203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Tier 1 capital | 4,002,000 | 4,132,000 | 4,241,000 |
| Total capital | 4,314,000 | 4,456,000 | 4,547,000 |
| Risk-weighted assets | 24,729,000 | 25,744,000 | 24,293,000 |