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 | 208,879,000 | 220,588,000 | 219,215,000 | 226,314,000 |
| Total loans | 127,791,000 | 146,025,000 | 148,966,000 | 147,738,000 |
| Allowance for loan losses | 1,007,000 | 1,101,000 | 1,158,000 | 1,112,000 |
| Securities available for sale | 52,110,000 | 50,963,000 | 48,215,000 | 47,171,000 |
| Securities held to maturity | 0 | 0 | 1,250,000 | 1,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,379,000 | 182,585,000 | 195,476,000 | 208,069,000 |
| Interest-bearing deposits | 156,559,000 | 149,686,000 | 164,963,000 | 175,784,000 |
| Noninterest-bearing deposits | 35,820,000 | 32,899,000 | 30,513,000 | 32,285,000 |
| Equity capital | 15,075,000 | 14,181,000 | 14,501,000 | 16,577,000 |
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 | 3,172,000 | 6,325,000 | 9,582,000 | 12,739,000 |
| Interest expense | 1,512,000 | 2,856,000 | 4,184,000 | 5,476,000 |
| Net interest income | 1,660,000 | 3,469,000 | 5,398,000 | 7,263,000 |
| Noninterest income | 278,000 | 588,000 | 949,000 | 1,229,000 |
| Noninterest expense | 1,421,000 | 2,901,000 | 4,488,000 | 6,143,000 |
| Provision for loan losses | 105,000 | 205,000 | 275,000 | 460,000 |
| Pretax income | 432,000 | 971,000 | 1,604,000 | 1,909,000 |
| Income tax | 0 | 0 | 4,000 | 4,000 |
| Net income | 432,000 | 971,000 | 1,600,000 | 1,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,259,000 | 14,697,000 | 15,326,000 | 16,381,000 |
| Total capital | 15,266,000 | 15,798,000 | 16,484,000 | 17,493,000 |
| Risk-weighted assets | 144,736,000 | 156,885,000 | 162,463,000 | 163,650,000 |