Call reports 2003
CITIZENS BANK OF RHODE ISLAND — 2003
What CITIZENS BANK OF RHODE ISLAND 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 | 9,282,565,000 | 9,640,782,000 | 10,316,067,000 | 10,238,168,000 |
| Total loans | 5,960,004,000 | 6,207,540,000 | 6,328,296,000 | 6,363,082,000 |
| Allowance for loan losses | 57,543,000 | 59,660,000 | 59,900,000 | 56,873,000 |
| Securities available for sale | 1,811,876,000 | 1,748,341,000 | 2,390,496,000 | 2,373,215,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 7,496,000 | 6,918,000 | 6,743,000 | 7,519,000 |
| Total deposits | 7,046,984,000 | 7,250,471,000 | 7,207,276,000 | 7,564,929,000 |
| Interest-bearing deposits | 5,606,978,000 | 5,763,010,000 | 5,686,026,000 | 6,107,630,000 |
| Noninterest-bearing deposits | 1,440,006,000 | 1,487,461,000 | 1,521,250,000 | 1,457,299,000 |
| Equity capital | 746,404,000 | 735,150,000 | 756,750,000 | 758,252,000 |
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 | 113,952,000 | 225,974,000 | 338,544,000 | 451,219,000 |
| Interest expense | 35,170,000 | 69,329,000 | 102,470,000 | 136,972,000 |
| Net interest income | 78,782,000 | 156,645,000 | 236,074,000 | 314,247,000 |
| Noninterest income | 45,048,000 | 103,164,000 | 153,723,000 | 199,202,000 |
| Noninterest expense | 67,148,000 | 137,353,000 | 207,658,000 | 278,308,000 |
| Provision for loan losses | 4,745,000 | 9,141,000 | 12,683,000 | 16,174,000 |
| Pretax income | 58,336,000 | 121,800,000 | 178,812,000 | 228,401,000 |
| Income tax | 20,499,000 | 43,094,000 | 62,773,000 | 79,141,000 |
| Net income | 37,837,000 | 78,706,000 | 116,039,000 | 149,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 650,159,000 | 651,595,000 | 674,490,000 | 683,272,000 |
| Total capital | 707,702,000 | 711,255,000 | 734,390,000 | 740,145,000 |
| Risk-weighted assets | 6,588,910,000 | 6,651,282,000 | 6,892,467,000 | 6,861,593,000 |