Call reports 2002
CITIZENS BANK — 2002
What CITIZENS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 109,126,000 | 106,643,000 | 109,154,000 | 119,738,000 |
| Total loans | 47,202,000 | 51,846,000 | 53,007,000 | 52,051,000 |
| Allowance for loan losses | 625,000 | 542,000 | 525,000 | 503,000 |
| Securities available for sale | 48,478,000 | 45,625,000 | 44,936,000 | 54,396,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,827,000 | 92,838,000 | 97,878,000 | 108,369,000 |
| Interest-bearing deposits | 79,222,000 | 76,604,000 | 81,065,000 | 89,133,000 |
| Noninterest-bearing deposits | 21,605,000 | 16,234,000 | 16,813,000 | 19,236,000 |
| Equity capital | 7,538,000 | 8,314,000 | 10,101,000 | 10,369,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,634,000 | 3,265,000 | 4,918,000 | 6,516,000 |
| Interest expense | 614,000 | 1,174,000 | 1,724,000 | 2,316,000 |
| Net interest income | 1,020,000 | 2,091,000 | 3,194,000 | 4,200,000 |
| Noninterest income | 171,000 | 336,000 | 509,000 | 756,000 |
| Noninterest expense | 816,000 | 1,640,000 | 2,535,000 | 3,424,000 |
| Provision for loan losses | 50,000 | 85,000 | 160,000 | 180,000 |
| Pretax income | 325,000 | 720,000 | 1,420,000 | 1,764,000 |
| Income tax | 46,000 | 121,000 | 251,000 | 358,000 |
| Net income | 279,000 | 599,000 | 1,169,000 | 1,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,113,000 | 7,403,000 | 9,305,000 | 9,573,000 |
| Total capital | 7,737,000 | 7,945,000 | 9,830,000 | 10,076,000 |
| Risk-weighted assets | 53,139,000 | 56,417,000 | 57,066,000 | 59,666,000 |