Call reports 2002
CITIZENS BANK OF RHODE ISLAND — 2002
What CITIZENS BANK OF RHODE ISLAND 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 | 8,150,404,000 | 8,256,619,000 | 9,011,573,000 | 9,600,433,000 |
| Total loans | 4,483,503,000 | 4,805,400,000 | 5,595,192,000 | 6,239,465,000 |
| Allowance for loan losses | 54,659,000 | 55,312,000 | 56,052,000 | 57,059,000 |
| Securities available for sale | 2,268,935,000 | 2,052,193,000 | 1,859,105,000 | 1,836,967,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 15,304,000 | 27,634,000 | 6,353,000 | 6,087,000 |
| Total deposits | 6,479,701,000 | 6,666,709,000 | 6,707,662,000 | 6,747,767,000 |
| Interest-bearing deposits | 4,963,741,000 | 5,017,663,000 | 5,235,155,000 | 5,345,402,000 |
| Noninterest-bearing deposits | 1,515,960,000 | 1,649,046,000 | 1,472,507,000 | 1,402,365,000 |
| Equity capital | 647,256,000 | 655,851,000 | 684,839,000 | 731,137,000 |
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 | 109,383,000 | 223,401,000 | 338,419,000 | 459,657,000 |
| Interest expense | 41,011,000 | 81,652,000 | 118,784,000 | 156,601,000 |
| Net interest income | 68,372,000 | 141,749,000 | 219,635,000 | 303,056,000 |
| Noninterest income | 31,744,000 | 65,519,000 | 98,454,000 | 135,589,000 |
| Noninterest expense | 49,683,000 | 100,064,000 | 156,654,000 | 220,308,000 |
| Provision for loan losses | 4,208,000 | 7,812,000 | 13,519,000 | 18,064,000 |
| Pretax income | 48,631,000 | 103,931,000 | 153,476,000 | 205,835,000 |
| Income tax | 16,913,000 | 35,916,000 | 53,002,000 | 70,703,000 |
| Net income | 31,718,000 | 68,015,000 | 100,474,000 | 135,132,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 564,516,000 | 553,423,000 | 576,494,000 | 631,761,000 |
| Total capital | 619,175,000 | 608,735,000 | 632,546,000 | 688,820,000 |
| Risk-weighted assets | 5,327,010,000 | 5,659,022,000 | 6,240,309,000 | 6,785,431,000 |