Call reports 2007
CITIZENS BANK, THE — 2007
What CITIZENS BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 84,970,000 | 85,460,000 | 86,482,000 | 86,142,000 |
| Total loans | 55,154,000 | 56,770,000 | 56,909,000 | 56,269,000 |
| Allowance for loan losses | 1,180,000 | 1,262,000 | 1,348,000 | 1,348,000 |
| Securities available for sale | 21,730,000 | 21,656,000 | 22,510,000 | 22,886,000 |
| Securities held to maturity | 799,000 | 750,000 | 600,000 | 516,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,270,000 | 67,860,000 | 66,755,000 | 67,766,000 |
| Interest-bearing deposits | 58,554,000 | 58,225,000 | 57,062,000 | 58,188,000 |
| Noninterest-bearing deposits | 9,716,000 | 9,635,000 | 9,694,000 | 9,579,000 |
| Equity capital | 11,050,000 | 11,051,000 | 11,580,000 | 11,985,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,292,000 | 2,620,000 | 3,999,000 | 5,373,000 |
| Interest expense | 558,000 | 1,136,000 | 1,739,000 | 2,327,000 |
| Net interest income | 734,000 | 1,484,000 | 2,260,000 | 3,046,000 |
| Noninterest income | 287,000 | 523,000 | 713,000 | 919,000 |
| Noninterest expense | 621,000 | 1,236,000 | 1,751,000 | 2,387,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 310,000 | 591,000 | 952,000 | 1,173,000 |
| Income tax | 74,000 | 138,000 | 230,000 | 275,000 |
| Net income | 236,000 | 453,000 | 722,000 | 898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,118,000 | 11,330,000 | 11,604,000 | 11,826,000 |
| Total capital | 11,804,000 | 12,034,000 | 12,299,000 | 12,501,000 |
| Risk-weighted assets | 54,333,000 | 55,778,000 | 54,921,000 | 54,937,000 |