Call reports 2002
CITIZENS BANK — 2002
What CITIZENS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 68,973,000 | 68,965,000 | 68,492,000 | 68,670,000 |
| Total loans | 48,868,000 | 50,596,000 | 50,839,000 | 51,792,000 |
| Allowance for loan losses | 619,000 | 633,000 | 733,000 | 700,000 |
| Securities available for sale | 14,448,000 | 13,287,000 | 11,654,000 | 10,015,000 |
| Securities held to maturity | 2,448,000 | 2,315,000 | 2,158,000 | 1,979,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,806,000 | 58,943,000 | 58,503,000 | 60,248,000 |
| Interest-bearing deposits | 54,266,000 | 51,444,000 | 51,049,000 | 51,477,000 |
| Noninterest-bearing deposits | 7,540,000 | 7,499,000 | 7,454,000 | 8,771,000 |
| Equity capital | 6,153,000 | 6,511,000 | 6,467,000 | 6,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,200,000 | 2,371,000 | 3,509,000 | 4,599,000 |
| Interest expense | 542,000 | 1,006,000 | 1,450,000 | 1,868,000 |
| Net interest income | 658,000 | 1,365,000 | 2,059,000 | 2,731,000 |
| Noninterest income | 98,000 | 204,000 | 311,000 | 396,000 |
| Noninterest expense | 486,000 | 951,000 | 1,425,000 | 1,893,000 |
| Provision for loan losses | 30,000 | 60,000 | 180,000 | 170,000 |
| Pretax income | 240,000 | 558,000 | 765,000 | 1,064,000 |
| Income tax | 91,000 | 212,000 | 292,000 | 410,000 |
| Net income | 149,000 | 346,000 | 473,000 | 654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,180,000 | 6,378,000 | 6,300,000 | 6,482,000 |
| Total capital | 6,735,000 | 6,945,000 | 6,871,000 | 7,062,000 |
| Risk-weighted assets | 44,322,000 | 45,257,000 | 45,524,000 | 46,295,000 |