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 | 172,392,000 | 179,954,000 | 192,475,000 | 202,405,000 |
| Total loans | 101,719,000 | 116,824,000 | 130,125,000 | 131,343,000 |
| Allowance for loan losses | 681,000 | 727,000 | 855,000 | 904,000 |
| Securities available for sale | 50,980,000 | 46,910,000 | 44,176,000 | 49,092,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,708,000 | 155,507,000 | 167,335,000 | 179,237,000 |
| Interest-bearing deposits | 131,720,000 | 128,954,000 | 141,389,000 | 146,993,000 |
| Noninterest-bearing deposits | 27,988,000 | 26,553,000 | 25,946,000 | 32,244,000 |
| Equity capital | 12,042,000 | 12,844,000 | 13,280,000 | 13,970,000 |
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 | 2,742,000 | 5,636,000 | 8,813,000 | 12,161,000 |
| Interest expense | 1,422,000 | 2,858,000 | 4,460,000 | 6,102,000 |
| Net interest income | 1,320,000 | 2,778,000 | 4,353,000 | 6,059,000 |
| Noninterest income | 249,000 | 504,000 | 795,000 | 1,150,000 |
| Noninterest expense | 1,200,000 | 2,483,000 | 3,851,000 | 5,346,000 |
| Provision for loan losses | 30,000 | 75,000 | 220,000 | 280,000 |
| Pretax income | 389,000 | 774,000 | 1,127,000 | 1,633,000 |
| Income tax | 0 | 9,000 | 14,000 | 18,000 |
| Net income | 389,000 | 765,000 | 1,113,000 | 1,615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,301,000 | 13,577,000 | 13,574,000 | 13,926,000 |
| Total capital | 12,982,000 | 14,304,000 | 14,429,000 | 14,830,000 |
| Risk-weighted assets | 114,230,000 | 128,051,000 | 139,649,000 | 144,083,000 |