Call reports 2003
CITIZENS BANK OF CONNECTICUT — 2003
What CITIZENS BANK OF CONNECTICUT 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 | 3,088,261,000 | 3,178,405,000 | 3,328,725,000 | 3,443,402,000 |
| Total loans | 1,691,838,000 | 1,790,239,000 | 1,949,420,000 | 2,108,157,000 |
| Allowance for loan losses | 19,088,000 | 20,015,000 | 21,148,000 | 23,455,000 |
| Securities available for sale | 1,033,295,000 | 1,130,469,000 | 1,112,974,000 | 1,116,379,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,597,661,000 | 2,624,996,000 | 2,806,706,000 | 2,870,340,000 |
| Interest-bearing deposits | 2,263,932,000 | 2,271,049,000 | 2,462,339,000 | 2,515,942,000 |
| Noninterest-bearing deposits | 333,729,000 | 353,947,000 | 344,367,000 | 354,398,000 |
| Equity capital | 264,748,000 | 267,059,000 | 269,908,000 | 272,293,000 |
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 | 37,363,000 | 74,927,000 | 112,853,000 | 151,048,000 |
| Interest expense | 12,863,000 | 25,030,000 | 36,487,000 | 48,374,000 |
| Net interest income | 24,500,000 | 49,897,000 | 76,366,000 | 102,674,000 |
| Noninterest income | 7,114,000 | 12,202,000 | 18,896,000 | 26,144,000 |
| Noninterest expense | 14,256,000 | 30,395,000 | 45,649,000 | 61,390,000 |
| Provision for loan losses | 1,434,000 | 2,832,000 | 4,194,000 | 8,046,000 |
| Pretax income | 17,461,000 | 31,400,000 | 48,363,000 | 62,458,000 |
| Income tax | 6,403,000 | 11,338,000 | 17,462,000 | 22,231,000 |
| Net income | 11,058,000 | 20,062,000 | 30,901,000 | 40,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 181,803,000 | 185,837,000 | 192,777,000 | 202,211,000 |
| Total capital | 200,891,000 | 205,852,000 | 213,925,000 | 225,666,000 |
| Risk-weighted assets | 1,862,786,000 | 1,921,628,000 | 2,053,666,000 | 2,138,503,000 |