Call reports 2004
CITIZENS BANK OF LONDON, THE — 2004
What CITIZENS BANK OF LONDON, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Total assets | 54,068,000 | 55,772,000 |
| Total loans | 47,984,000 | 49,140,000 |
| Allowance for loan losses | 381,000 | 396,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 412,000 | 376,000 |
| Trading assets | 0 | 0 |
| Total deposits | 43,971,000 | 43,602,000 |
| Interest-bearing deposits | 42,041,000 | 41,561,000 |
| Noninterest-bearing deposits | 1,930,000 | 2,041,000 |
| Equity capital | 5,186,000 | 5,311,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Interest income | 708,000 | 1,437,000 |
| Interest expense | 237,000 | 474,000 |
| Net interest income | 471,000 | 963,000 |
| Noninterest income | 39,000 | 81,000 |
| Noninterest expense | 371,000 | 708,000 |
| Provision for loan losses | 15,000 | 30,000 |
| Pretax income | 124,000 | 306,000 |
| Income tax | 37,000 | 94,000 |
| Net income | 87,000 | 212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Tier 1 capital | 5,186,000 | 5,311,000 |
| Total capital | 5,567,000 | 5,707,000 |
| Risk-weighted assets | 41,522,000 | 43,445,000 |