Call reports 2003
CITIZENS BANK, THE — 2003
What CITIZENS BANK, THE 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 | 79,655,000 | 79,368,000 | 82,800,000 | 84,720,000 |
| Total loans | 51,851,000 | 52,732,000 | 57,251,000 | 59,315,000 |
| Allowance for loan losses | 536,000 | 561,000 | 542,000 | 532,000 |
| Securities available for sale | 14,235,000 | 16,556,000 | 16,116,000 | 16,568,000 |
| Securities held to maturity | 2,608,000 | 2,509,000 | 2,361,000 | 2,258,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,755,000 | 62,129,000 | 64,017,000 | 66,778,000 |
| Interest-bearing deposits | 56,298,000 | 55,625,000 | 55,334,000 | 58,389,000 |
| Noninterest-bearing deposits | 6,458,000 | 6,504,000 | 8,683,000 | 8,389,000 |
| Equity capital | 8,015,000 | 8,365,000 | 8,392,000 | 8,579,000 |
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 | 1,204,000 | 2,461,000 | 3,831,000 | 5,124,000 |
| Interest expense | 521,000 | 1,032,000 | 1,521,000 | 2,001,000 |
| Net interest income | 683,000 | 1,429,000 | 2,310,000 | 3,123,000 |
| Noninterest income | 185,000 | 377,000 | 532,000 | 605,000 |
| Noninterest expense | 523,000 | 1,084,000 | 1,683,000 | 2,271,000 |
| Provision for loan losses | 45,000 | 95,000 | 170,000 | 275,000 |
| Pretax income | 300,000 | 640,000 | 987,000 | 1,180,000 |
| Income tax | 82,000 | 178,000 | 276,000 | 314,000 |
| Net income | 218,000 | 462,000 | 711,000 | 866,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,784,000 | 8,024,000 | 8,284,000 | 8,456,000 |
| Total capital | 8,320,000 | 8,585,000 | 8,826,000 | 8,988,000 |
| Risk-weighted assets | 47,987,000 | 48,905,000 | 53,643,000 | 56,181,000 |