Call reports 2003
CITIZENS BANK OF LONDON, THE — 2003
What CITIZENS BANK OF LONDON, 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 | 54,607,000 | 55,964,000 | 58,941,000 | 56,460,000 |
| Total loans | 49,217,000 | 51,661,000 | 52,993,000 | 49,820,000 |
| Allowance for loan losses | 390,000 | 398,000 | 409,000 | 428,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 650,000 | 555,000 | 495,000 | 461,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,176,000 | 44,167,000 | 44,456,000 | 44,304,000 |
| Interest-bearing deposits | 42,463,000 | 41,643,000 | 41,944,000 | 42,013,000 |
| Noninterest-bearing deposits | 1,713,000 | 2,524,000 | 2,512,000 | 2,291,000 |
| Equity capital | 5,937,000 | 4,794,000 | 4,957,000 | 5,082,000 |
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 | 783,000 | 1,577,000 | 2,387,000 | 3,161,000 |
| Interest expense | 301,000 | 584,000 | 844,000 | 1,092,000 |
| Net interest income | 482,000 | 993,000 | 1,543,000 | 2,069,000 |
| Noninterest income | 35,000 | 68,000 | 124,000 | 160,000 |
| Noninterest expense | 337,000 | 674,000 | 1,013,000 | 1,401,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 165,000 | 357,000 | 609,000 | 768,000 |
| Income tax | 49,000 | 107,000 | 186,000 | 299,000 |
| Net income | 116,000 | 250,000 | 423,000 | 469,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,937,000 | 4,794,000 | 4,957,000 | 5,082,000 |
| Total capital | 6,327,000 | 5,192,000 | 5,366,000 | 5,510,000 |
| Risk-weighted assets | 42,491,000 | 45,181,000 | 46,610,000 | 43,476,000 |