Call reports 2003
CITIZENS BANK — 2003
What CITIZENS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 70,146,000 | 72,334,000 | 72,474,000 | 76,416,000 |
| Total loans | 50,188,000 | 51,878,000 | 51,700,000 | 52,536,000 |
| Allowance for loan losses | 688,000 | 677,000 | 674,000 | 630,000 |
| Securities available for sale | 12,743,000 | 13,621,000 | 12,620,000 | 14,369,000 |
| Securities held to maturity | 3,826,000 | 3,818,000 | 4,305,000 | 4,556,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,872,000 | 60,325,000 | 60,264,000 | 65,813,000 |
| Interest-bearing deposits | 51,981,000 | 51,774,000 | 52,077,000 | 55,798,000 |
| Noninterest-bearing deposits | 7,891,000 | 8,551,000 | 8,187,000 | 10,015,000 |
| Equity capital | 6,723,000 | 6,973,000 | 6,750,000 | 6,583,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,022,000 | 2,092,000 | 3,135,000 | 4,217,000 |
| Interest expense | 372,000 | 730,000 | 1,079,000 | 1,411,000 |
| Net interest income | 650,000 | 1,362,000 | 2,056,000 | 2,806,000 |
| Noninterest income | 118,000 | 236,000 | 345,000 | 453,000 |
| Noninterest expense | 490,000 | 963,000 | 1,518,000 | 2,145,000 |
| Provision for loan losses | 19,000 | 39,000 | 80,000 | 102,000 |
| Pretax income | 259,000 | 596,000 | 803,000 | 1,012,000 |
| Income tax | 99,000 | 228,000 | 307,000 | 395,000 |
| Net income | 160,000 | 368,000 | 496,000 | 617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,642,000 | 6,850,000 | 6,740,000 | 6,555,000 |
| Total capital | 7,205,000 | 7,438,000 | 7,335,000 | 7,173,000 |
| Risk-weighted assets | 44,905,000 | 46,940,000 | 47,446,000 | 49,423,000 |