Call reports 2008
CITIZENS BANK AND TRUST COMPANY — 2008
What CITIZENS BANK AND TRUST COMPANY 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 | 1,028,276,000 | 1,066,598,000 | 1,316,122,000 | 1,300,598,000 |
| Total loans | 654,313,000 | 694,728,000 | 738,733,000 | 732,137,000 |
| Allowance for loan losses | 7,163,000 | 7,745,000 | 9,555,000 | 11,726,000 |
| Securities available for sale | 287,588,000 | 281,895,000 | 449,720,000 | 469,995,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 781,646,000 | 809,938,000 | 1,047,404,000 | 1,022,539,000 |
| Interest-bearing deposits | 712,514,000 | 739,448,000 | 951,415,000 | 935,577,000 |
| Noninterest-bearing deposits | 69,132,000 | 70,490,000 | 95,989,000 | 86,962,000 |
| Equity capital | 78,800,000 | 77,133,000 | 89,809,000 | 85,755,000 |
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 | 15,491,000 | 30,143,000 | 45,728,000 | 62,226,000 |
| Interest expense | 8,170,000 | 15,170,000 | 23,026,000 | 31,541,000 |
| Net interest income | 7,321,000 | 14,973,000 | 22,702,000 | 30,685,000 |
| Noninterest income | 2,156,000 | 4,403,000 | 6,848,000 | 9,105,000 |
| Noninterest expense | 6,492,000 | 13,374,000 | 21,116,000 | 35,160,000 |
| Provision for loan losses | 577,000 | 2,008,000 | 4,025,000 | 13,297,000 |
| Pretax income | 2,453,000 | 4,039,000 | 4,458,000 | -8,636,000 |
| Income tax | 704,000 | 1,129,000 | 1,032,000 | -4,215,000 |
| Net income | 1,749,000 | 2,910,000 | 3,426,000 | -4,421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,312,000 | 74,461,000 | 84,555,000 | 78,992,000 |
| Total capital | 80,475,000 | 82,206,000 | 94,110,000 | 89,676,000 |
| Risk-weighted assets | 755,676,000 | 801,058,000 | 874,722,000 | 853,672,000 |