Call reports 2003
CITIZENS BANK, THE — 2003
What CITIZENS BANK, THE 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 | 102,966,000 | 103,876,000 | 103,402,000 | 100,139,000 |
| Total loans | 25,288,000 | 25,902,000 | 25,994,000 | 24,678,000 |
| Allowance for loan losses | 786,000 | 778,000 | 778,000 | 1,323,000 |
| Securities available for sale | 65,925,000 | 65,463,000 | 66,578,000 | 67,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,048,000 | 84,080,000 | 83,528,000 | 81,077,000 |
| Interest-bearing deposits | 71,861,000 | 67,270,000 | 66,888,000 | 64,279,000 |
| Noninterest-bearing deposits | 15,187,000 | 16,810,000 | 16,640,000 | 16,798,000 |
| Equity capital | 15,631,000 | 15,810,000 | 15,858,000 | 15,126,000 |
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 | 1,226,000 | 2,442,000 | 3,582,000 | 4,709,000 |
| Interest expense | 410,000 | 783,000 | 1,118,000 | 1,402,000 |
| Net interest income | 816,000 | 1,659,000 | 2,464,000 | 3,307,000 |
| Noninterest income | 159,000 | 287,000 | 1,420,000 | 1,068,000 |
| Noninterest expense | 722,000 | 1,468,000 | 2,407,000 | 3,241,000 |
| Provision for loan losses | 0 | 0 | 0 | 550,000 |
| Pretax income | 282,000 | 558,000 | 1,603,000 | 691,000 |
| Income tax | 97,000 | 239,000 | 557,000 | 265,000 |
| Net income | 185,000 | 319,000 | 1,046,000 | 426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,533,000 | 15,450,000 | 16,177,000 | 15,320,000 |
| Total capital | 16,200,000 | 16,104,000 | 16,797,000 | 15,923,000 |
| Risk-weighted assets | 53,234,000 | 52,165,000 | 49,461,000 | 47,530,000 |