Call reports 2004
CITIZENS BANK, THE — 2004
What CITIZENS BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 84,443,000 | 83,647,000 | 85,942,000 | 87,158,000 |
| Total loans | 57,371,000 | 57,920,000 | 59,314,000 | 58,528,000 |
| Allowance for loan losses | 581,000 | 627,000 | 694,000 | 1,091,000 |
| Securities available for sale | 17,337,000 | 17,707,000 | 18,139,000 | 18,084,000 |
| Securities held to maturity | 1,946,000 | 1,831,000 | 1,832,000 | 1,792,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,514,000 | 64,898,000 | 66,933,000 | 69,276,000 |
| Interest-bearing deposits | 59,028,000 | 57,324,000 | 58,135,000 | 60,264,000 |
| Noninterest-bearing deposits | 7,486,000 | 7,574,000 | 8,798,000 | 9,012,000 |
| Equity capital | 8,894,000 | 8,656,000 | 9,253,000 | 9,213,000 |
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 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,273,000 | 2,604,000 | 3,898,000 | 5,209,000 |
| Interest expense | 465,000 | 921,000 | 1,382,000 | 1,851,000 |
| Net interest income | 808,000 | 1,683,000 | 2,516,000 | 3,358,000 |
| Noninterest income | 134,000 | 254,000 | 372,000 | 479,000 |
| Noninterest expense | 559,000 | 1,107,000 | 1,686,000 | 2,247,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 635,000 |
| Pretax income | 297,000 | 655,000 | 937,000 | 960,000 |
| Income tax | 79,000 | 171,000 | 252,000 | 224,000 |
| Net income | 218,000 | 484,000 | 685,000 | 736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,674,000 | 8,920,000 | 9,126,000 | 9,175,000 |
| Total capital | 9,255,000 | 9,547,000 | 9,820,000 | 9,868,000 |
| Risk-weighted assets | 56,357,000 | 54,689,000 | 55,852,000 | 55,422,000 |