Call reports 2008
CITIZENS BANK, THE — 2008
What CITIZENS BANK, THE 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 | 538,459,000 | 535,216,000 | 525,693,000 | 537,801,000 |
| Total loans | 212,989,000 | 216,398,000 | 223,615,000 | 233,049,000 |
| Allowance for loan losses | 3,265,000 | 3,277,000 | 3,257,000 | 3,229,000 |
| Securities available for sale | 264,948,000 | 260,363,000 | 246,907,000 | 234,143,000 |
| Securities held to maturity | 0 | 0 | 0 | 8,892,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 440,518,000 | 436,351,000 | 429,746,000 | 438,445,000 |
| Interest-bearing deposits | 323,717,000 | 318,410,000 | 311,577,000 | 317,165,000 |
| Noninterest-bearing deposits | 116,801,000 | 117,941,000 | 118,169,000 | 121,280,000 |
| Equity capital | 43,014,000 | 37,684,000 | 35,158,000 | 38,730,000 |
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 | 7,050,000 | 13,991,000 | 20,906,000 | 27,795,000 |
| Interest expense | 2,214,000 | 4,201,000 | 6,088,000 | 7,793,000 |
| Net interest income | 4,836,000 | 9,790,000 | 14,818,000 | 20,002,000 |
| Noninterest income | 1,788,000 | 3,790,000 | 5,727,000 | 7,555,000 |
| Noninterest expense | 3,360,000 | 6,868,000 | 10,180,000 | 13,499,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 3,237,000 | 6,659,000 | 7,813,000 | 6,293,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,237,000 | 6,659,000 | 7,813,000 | 6,293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,992,000 | 41,455,000 | 43,779,000 | 41,249,000 |
| Total capital | 46,410,000 | 44,956,000 | 47,284,000 | 44,727,000 |
| Risk-weighted assets | 273,331,000 | 303,194,000 | 296,334,000 | 297,442,000 |