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 | 129,015,000 | 125,587,000 | 126,752,000 | 135,004,000 |
| Total loans | 88,392,000 | 90,114,000 | 92,325,000 | 97,692,000 |
| Allowance for loan losses | 945,000 | 975,000 | 976,000 | 928,000 |
| Securities available for sale | 26,019,000 | 23,665,000 | 22,803,000 | 22,559,000 |
| Securities held to maturity | 5,210,000 | 5,768,000 | 5,417,000 | 5,109,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,852,000 | 110,433,000 | 108,233,000 | 113,064,000 |
| Interest-bearing deposits | 102,110,000 | 94,458,000 | 93,575,000 | 97,844,000 |
| Noninterest-bearing deposits | 15,742,000 | 15,975,000 | 14,658,000 | 15,220,000 |
| Equity capital | 10,469,000 | 10,507,000 | 10,962,000 | 11,383,000 |
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 | 2,274,000 | 4,469,000 | 6,609,000 | 8,744,000 |
| Interest expense | 1,064,000 | 1,975,000 | 2,825,000 | 3,649,000 |
| Net interest income | 1,210,000 | 2,494,000 | 3,784,000 | 5,095,000 |
| Noninterest income | 165,000 | 340,000 | 547,000 | 724,000 |
| Noninterest expense | 811,000 | 1,592,000 | 2,378,000 | 3,247,000 |
| Provision for loan losses | 68,000 | 148,000 | 248,000 | 511,000 |
| Pretax income | 496,000 | 1,094,000 | 1,705,000 | 2,061,000 |
| Income tax | 190,000 | 419,000 | 653,000 | 792,000 |
| Net income | 306,000 | 675,000 | 1,052,000 | 1,269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,380,000 | 10,749,000 | 11,125,000 | 11,343,000 |
| Total capital | 11,325,000 | 11,724,000 | 12,101,000 | 12,271,000 |
| Risk-weighted assets | 87,661,000 | 88,093,000 | 89,340,000 | 93,773,000 |