Call reports 2008
CITIZENS BANK, NATIONAL ASSOCIATION — 2008
What CITIZENS BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 130,820,181,000 | 132,050,955,000 | 132,609,483,000 | 129,725,957,000 |
| Total loans | 91,885,618,000 | 92,359,010,000 | 93,634,385,000 | 92,238,785,000 |
| Allowance for loan losses | 962,877,000 | 1,034,230,000 | 1,273,053,000 | 1,482,780,000 |
| Securities available for sale | 21,034,877,000 | 21,486,977,000 | 20,452,450,000 | 19,736,454,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 737,050,000 | 463,034,000 | 556,589,000 | 1,525,662,000 |
| Total deposits | 72,509,167,000 | 71,202,971,000 | 70,091,387,000 | 71,448,363,000 |
| Interest-bearing deposits | 66,563,551,000 | 65,500,038,000 | 63,477,309,000 | 63,082,384,000 |
| Noninterest-bearing deposits | 5,945,616,000 | 5,702,933,000 | 6,614,078,000 | 8,365,979,000 |
| Equity capital | 17,615,385,000 | 18,018,737,000 | 17,864,651,000 | 15,806,730,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,644,165,000 | 3,178,632,000 | 4,723,424,000 | 6,265,762,000 |
| Interest expense | 834,525,000 | 1,525,678,000 | 2,217,211,000 | 2,879,983,000 |
| Net interest income | 809,640,000 | 1,652,954,000 | 2,506,213,000 | 3,385,779,000 |
| Noninterest income | 345,624,000 | 717,163,000 | 1,071,664,000 | 1,452,771,000 |
| Noninterest expense | 610,834,000 | 1,235,804,000 | 1,854,981,000 | 3,786,355,000 |
| Provision for loan losses | 336,294,000 | 613,476,000 | 1,122,018,000 | 1,691,887,000 |
| Pretax income | 262,468,000 | 576,354,000 | 662,495,000 | -561,211,000 |
| Income tax | 91,584,000 | 206,577,000 | 233,484,000 | 199,495,000 |
| Net income | 170,884,000 | 369,777,000 | 429,011,000 | -760,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,121,568,000 | 8,338,105,000 | 8,441,766,000 | 8,471,557,000 |
| Total capital | 9,706,379,000 | 9,911,195,000 | 10,137,110,000 | 10,187,494,000 |
| Risk-weighted assets | 91,649,879,000 | 93,781,295,000 | 95,517,229,000 | 96,970,860,000 |