Call reports 2007
CITIZENS BANK, NATIONAL ASSOCIATION — 2007
What CITIZENS BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 17,208,149,000 | 16,791,017,000 | 132,408,547,000 | 128,863,082,000 |
| Total loans | 9,998,386,000 | 9,962,154,000 | 91,196,501,000 | 92,323,026,000 |
| Allowance for loan losses | 70,549,000 | 68,748,000 | 627,329,000 | 830,432,000 |
| Securities available for sale | 3,205,580,000 | 2,980,596,000 | 20,400,916,000 | 19,208,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 11,790,000 | 13,842,000 | 232,514,000 | 409,503,000 |
| Total deposits | 11,556,964,000 | 11,214,076,000 | 72,324,538,000 | 71,555,419,000 |
| Interest-bearing deposits | 10,886,243,000 | 10,525,949,000 | 67,915,806,000 | 66,015,889,000 |
| Noninterest-bearing deposits | 670,721,000 | 688,127,000 | 4,408,732,000 | 5,539,530,000 |
| Equity capital | 3,627,681,000 | 3,556,709,000 | 18,653,328,000 | 17,853,396,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 207,410,000 | 416,756,000 | 5,166,961,000 | 6,943,421,000 |
| Interest expense | 117,991,000 | 239,055,000 | 2,752,762,000 | 3,675,294,000 |
| Net interest income | 89,419,000 | 177,701,000 | 2,414,199,000 | 3,268,127,000 |
| Noninterest income | 27,903,000 | 66,396,000 | 1,080,813,000 | 1,421,361,000 |
| Noninterest expense | 74,351,000 | 141,426,000 | 1,745,062,000 | 2,391,183,000 |
| Provision for loan losses | 3,514,000 | 8,541,000 | 268,387,000 | 618,719,000 |
| Pretax income | 39,546,000 | 94,219,000 | 1,482,202,000 | 1,762,069,000 |
| Income tax | 13,874,000 | 33,249,000 | 552,024,000 | 626,538,000 |
| Net income | 25,672,000 | 60,970,000 | 930,178,000 | 1,135,531,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 986,954,000 | 936,727,000 | 8,466,099,000 | 7,929,699,000 |
| Total capital | 1,066,992,000 | 1,009,955,000 | 9,825,279,000 | 9,375,437,000 |
| Risk-weighted assets | 9,557,935,000 | 9,543,705,000 | 92,162,955,000 | 90,541,572,000 |