Call reports 2008
CITIZENS BANK — 2008
What CITIZENS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 339,680,000 | 327,366,000 | 321,959,000 | 330,436,000 |
| Total loans | 243,123,000 | 239,482,000 | 240,936,000 | 243,973,000 |
| Allowance for loan losses | 4,086,000 | 4,084,000 | 4,093,000 | 4,080,000 |
| Securities available for sale | 42,948,000 | 43,817,000 | 42,207,000 | 43,649,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,139,000 | 278,835,000 | 278,408,000 | 280,820,000 |
| Interest-bearing deposits | 255,288,000 | 227,892,000 | 228,410,000 | 230,822,000 |
| Noninterest-bearing deposits | 35,851,000 | 50,943,000 | 49,998,000 | 49,998,000 |
| Equity capital | 32,619,000 | 33,170,000 | 28,146,000 | 29,057,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,537,000 | 10,852,000 | 16,024,000 | 20,992,000 |
| Interest expense | 2,327,000 | 4,478,000 | 6,414,000 | 8,273,000 |
| Net interest income | 3,210,000 | 6,374,000 | 9,610,000 | 12,719,000 |
| Noninterest income | 793,000 | 1,565,000 | 2,403,000 | 3,203,000 |
| Noninterest expense | 2,318,000 | 4,652,000 | 7,012,000 | 9,982,000 |
| Provision for loan losses | 78,000 | 146,000 | 226,000 | 286,000 |
| Pretax income | 1,621,000 | 3,155,000 | 4,789,000 | 5,670,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,621,000 | 3,155,000 | 4,789,000 | 5,670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,525,000 | 35,063,000 | 29,698,000 | 30,583,000 |
| Total capital | 36,432,000 | 37,925,000 | 32,552,000 | 33,485,000 |
| Risk-weighted assets | 231,395,000 | 227,777,000 | 227,041,000 | 230,972,000 |