Call reports 2007
CITIZENS BANK — 2007
What CITIZENS BANK 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 | 307,479,000 | 312,321,000 | 321,034,000 | 318,062,000 |
| Total loans | 223,459,000 | 230,203,000 | 231,659,000 | 240,685,000 |
| Allowance for loan losses | 5,292,000 | 4,989,000 | 4,249,000 | 4,068,000 |
| Securities available for sale | 54,011,000 | 52,183,000 | 50,427,000 | 44,330,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 275,143,000 | 278,184,000 | 284,117,000 | 281,973,000 |
| Interest-bearing deposits | 237,474,000 | 239,406,000 | 253,537,000 | 249,691,000 |
| Noninterest-bearing deposits | 37,669,000 | 38,778,000 | 30,580,000 | 32,282,000 |
| Equity capital | 28,993,000 | 30,575,000 | 33,015,000 | 31,121,000 |
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 | 5,271,000 | 10,708,000 | 16,329,000 | 21,957,000 |
| Interest expense | 1,968,000 | 4,030,000 | 6,263,000 | 8,511,000 |
| Net interest income | 3,303,000 | 6,678,000 | 10,066,000 | 13,446,000 |
| Noninterest income | 764,000 | 1,514,000 | 2,231,000 | 3,075,000 |
| Noninterest expense | 2,243,000 | 4,468,000 | 6,699,000 | 9,729,000 |
| Provision for loan losses | 17,000 | 36,000 | 65,000 | 145,000 |
| Pretax income | 1,803,000 | 3,684,000 | 5,529,000 | 6,648,000 |
| Income tax | 1,289,000 | 1,289,000 | 1,289,000 | 1,289,000 |
| Net income | 514,000 | 2,395,000 | 4,240,000 | 5,359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,665,000 | 31,548,000 | 33,396,000 | 32,518,000 |
| Total capital | 32,332,000 | 34,290,000 | 36,167,000 | 35,368,000 |
| Risk-weighted assets | 210,714,000 | 217,081,000 | 220,175,000 | 226,742,000 |