Call reports 2002
CITIZENS BANK, THE — 2002
What CITIZENS BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 64,640,000 | 66,963,000 | 71,532,000 | 78,488,000 |
| Total loans | 43,847,000 | 48,360,000 | 50,206,000 | 51,625,000 |
| Allowance for loan losses | 352,000 | 399,000 | 401,000 | 483,000 |
| Securities available for sale | 10,750,000 | 9,963,000 | 10,374,000 | 10,947,000 |
| Securities held to maturity | 2,640,000 | 2,641,000 | 2,641,000 | 2,642,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,976,000 | 49,460,000 | 54,838,000 | 61,861,000 |
| Interest-bearing deposits | 44,276,000 | 44,537,000 | 49,688,000 | 55,194,000 |
| Noninterest-bearing deposits | 4,700,000 | 4,923,000 | 5,151,000 | 6,667,000 |
| Equity capital | 7,129,000 | 7,405,000 | 7,688,000 | 7,794,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,121,000 | 2,279,000 | 3,462,000 | 4,675,000 |
| Interest expense | 486,000 | 960,000 | 1,449,000 | 1,977,000 |
| Net interest income | 635,000 | 1,319,000 | 2,013,000 | 2,698,000 |
| Noninterest income | 116,000 | 207,000 | 350,000 | 473,000 |
| Noninterest expense | 461,000 | 934,000 | 1,430,000 | 1,962,000 |
| Provision for loan losses | 35,000 | 208,000 | 253,000 | 360,000 |
| Pretax income | 255,000 | 384,000 | 680,000 | 849,000 |
| Income tax | 71,000 | 98,000 | 180,000 | 213,000 |
| Net income | 184,000 | 286,000 | 500,000 | 636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,118,000 | 7,224,000 | 7,430,000 | 7,566,000 |
| Total capital | 7,470,000 | 7,623,000 | 7,831,000 | 8,049,000 |
| Risk-weighted assets | 39,347,000 | 42,642,000 | 45,324,000 | 48,046,000 |