Call reports 2004
CITIZENS BANK — 2004
What CITIZENS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 121,521,000 | 120,463,000 | 131,199,000 | 135,618,000 |
| Total loans | 61,094,000 | 63,961,000 | 75,146,000 | 75,135,000 |
| Allowance for loan losses | 457,000 | 442,000 | 500,000 | 505,000 |
| Securities available for sale | 52,307,000 | 46,886,000 | 45,917,000 | 51,207,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,179,000 | 100,503,000 | 111,336,000 | 114,404,000 |
| Interest-bearing deposits | 86,900,000 | 82,477,000 | 92,683,000 | 92,806,000 |
| Noninterest-bearing deposits | 19,279,000 | 18,026,000 | 18,653,000 | 21,598,000 |
| Equity capital | 11,295,000 | 10,468,000 | 11,103,000 | 11,228,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,506,000 | 3,001,000 | 4,604,000 | 6,334,000 |
| Interest expense | 371,000 | 739,000 | 1,182,000 | 1,728,000 |
| Net interest income | 1,135,000 | 2,262,000 | 3,422,000 | 4,606,000 |
| Noninterest income | 215,000 | 445,000 | 670,000 | 957,000 |
| Noninterest expense | 921,000 | 1,843,000 | 2,844,000 | 3,943,000 |
| Provision for loan losses | 53,000 | 83,000 | 153,000 | 183,000 |
| Pretax income | 376,000 | 751,000 | 1,099,000 | 1,441,000 |
| Income tax | 10,000 | 16,000 | 20,000 | 27,000 |
| Net income | 366,000 | 735,000 | 1,079,000 | 1,414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,298,000 | 10,377,000 | 10,516,000 | 10,751,000 |
| Total capital | 10,755,000 | 10,819,000 | 11,016,000 | 11,256,000 |
| Risk-weighted assets | 66,169,000 | 68,303,000 | 78,668,000 | 81,393,000 |