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 | 128,106,000 | 121,901,000 | 110,739,000 | 115,223,000 |
| Total loans | 52,156,000 | 51,296,000 | 56,899,000 | 57,762,000 |
| Allowance for loan losses | 501,000 | 502,000 | 480,000 | 428,000 |
| Securities available for sale | 67,028,000 | 61,899,000 | 45,159,000 | 47,828,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,647,000 | 101,300,000 | 99,187,000 | 102,425,000 |
| Interest-bearing deposits | 89,105,000 | 83,375,000 | 81,099,000 | 83,596,000 |
| Noninterest-bearing deposits | 18,542,000 | 17,925,000 | 18,088,000 | 18,829,000 |
| Equity capital | 10,541,000 | 10,595,000 | 10,386,000 | 10,711,000 |
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 | 1,525,000 | 3,009,000 | 4,327,000 | 5,728,000 |
| Interest expense | 568,000 | 1,100,000 | 1,552,000 | 1,924,000 |
| Net interest income | 957,000 | 1,909,000 | 2,775,000 | 3,804,000 |
| Noninterest income | 205,000 | 389,000 | 572,000 | 775,000 |
| Noninterest expense | 864,000 | 1,736,000 | 2,607,000 | 3,487,000 |
| Provision for loan losses | 22,000 | 36,000 | 68,000 | 108,000 |
| Pretax income | 276,000 | 552,000 | 698,000 | 1,001,000 |
| Income tax | 9,000 | 19,000 | 29,000 | 38,000 |
| Net income | 267,000 | 533,000 | 669,000 | 963,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,840,000 | 9,847,000 | 9,843,000 | 10,037,000 |
| Total capital | 10,341,000 | 10,349,000 | 10,323,000 | 10,465,000 |
| Risk-weighted assets | 61,831,000 | 57,988,000 | 60,058,000 | 61,654,000 |