Call reports 2003
CITIZENS BANK — 2003
What CITIZENS BANK 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 | 277,017,000 | 277,559,000 | 264,375,000 | 258,288,000 |
| Total loans | 180,994,000 | 182,394,000 | 179,167,000 | 178,473,000 |
| Allowance for loan losses | 6,352,000 | 5,953,000 | 5,932,000 | 5,845,000 |
| Securities available for sale | 54,875,000 | 58,331,000 | 52,766,000 | 50,474,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,693,000 | 235,022,000 | 226,718,000 | 220,621,000 |
| Interest-bearing deposits | 202,968,000 | 199,780,000 | 189,637,000 | 186,104,000 |
| Noninterest-bearing deposits | 31,725,000 | 35,242,000 | 37,081,000 | 34,517,000 |
| Equity capital | 27,085,000 | 27,494,000 | 27,341,000 | 27,386,000 |
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 | 4,211,000 | 8,341,000 | 12,251,000 | 16,002,000 |
| Interest expense | 1,770,000 | 3,509,000 | 5,033,000 | 6,389,000 |
| Net interest income | 2,441,000 | 4,832,000 | 7,218,000 | 9,613,000 |
| Noninterest income | 723,000 | 1,459,000 | 2,127,000 | 2,786,000 |
| Noninterest expense | 1,978,000 | 3,815,000 | 5,746,000 | 7,844,000 |
| Provision for loan losses | 22,000 | 48,000 | 72,000 | 103,000 |
| Pretax income | 1,164,000 | 2,428,000 | 3,527,000 | 4,452,000 |
| Income tax | 421,000 | 881,000 | 1,258,000 | 1,572,000 |
| Net income | 743,000 | 1,547,000 | 2,269,000 | 2,880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,330,000 | 26,657,000 | 26,881,000 | 27,005,000 |
| Total capital | 28,539,000 | 28,926,000 | 29,121,000 | 29,222,000 |
| Risk-weighted assets | 172,552,000 | 177,835,000 | 175,472,000 | 173,739,000 |