Call reports 2002
CITIZENS BANK OF LONDON, THE — 2002
What CITIZENS BANK OF LONDON, THE 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 | 49,920,000 | 51,252,000 | 52,902,000 | 53,842,000 |
| Total loans | 41,626,000 | 44,795,000 | 47,410,000 | 47,039,000 |
| Allowance for loan losses | 365,000 | 360,000 | 369,000 | 375,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 894,000 | 830,000 | 757,000 | 710,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,003,000 | 43,190,000 | 44,704,000 | 45,481,000 |
| Interest-bearing deposits | 41,353,000 | 41,407,000 | 42,424,000 | 42,805,000 |
| Noninterest-bearing deposits | 1,650,000 | 1,783,000 | 2,280,000 | 2,676,000 |
| Equity capital | 5,404,000 | 5,531,000 | 5,707,000 | 5,821,000 |
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 | 804,000 | 1,614,000 | 2,410,000 | 3,196,000 |
| Interest expense | 366,000 | 713,000 | 1,050,000 | 1,368,000 |
| Net interest income | 438,000 | 901,000 | 1,360,000 | 1,828,000 |
| Noninterest income | 33,000 | 66,000 | 95,000 | 128,000 |
| Noninterest expense | 314,000 | 615,000 | 917,000 | 1,241,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 142,000 | 322,000 | 493,000 | 655,000 |
| Income tax | 43,000 | 96,000 | 148,000 | 196,000 |
| Net income | 99,000 | 226,000 | 345,000 | 459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,404,000 | 5,531,000 | 5,707,000 | 5,821,000 |
| Total capital | 5,769,000 | 5,891,000 | 6,076,000 | 6,196,000 |
| Risk-weighted assets | 35,373,000 | 38,381,000 | 40,571,000 | 40,428,000 |