Call reports 2004
CITIZENS BANK OF CONNECTICUT — 2004
What CITIZENS BANK OF CONNECTICUT reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 3,620,297,000 | 3,763,462,000 | 3,734,839,000 | 3,891,975,000 |
| Total loans | 2,208,271,000 | 2,259,989,000 | 2,348,080,000 | 2,370,182,000 |
| Allowance for loan losses | 23,929,000 | 24,689,000 | 25,064,000 | 22,419,000 |
| Securities available for sale | 1,149,544,000 | 1,220,527,000 | 1,199,632,000 | 1,289,915,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,982,054,000 | 2,955,886,000 | 3,091,842,000 | 3,202,111,000 |
| Interest-bearing deposits | 2,617,746,000 | 2,573,875,000 | 2,714,153,000 | 2,800,171,000 |
| Noninterest-bearing deposits | 364,308,000 | 382,011,000 | 377,689,000 | 401,940,000 |
| Equity capital | 287,521,000 | 269,767,000 | 288,623,000 | 294,688,000 |
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 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 39,032,000 | 78,120,000 | 120,573,000 | 164,371,000 |
| Interest expense | 12,515,000 | 24,649,000 | 38,177,000 | 52,875,000 |
| Net interest income | 26,517,000 | 53,471,000 | 82,396,000 | 111,496,000 |
| Noninterest income | 7,500,000 | 14,324,000 | 21,305,000 | 27,492,000 |
| Noninterest expense | 13,730,000 | 27,428,000 | 41,108,000 | 56,408,000 |
| Provision for loan losses | 1,528,000 | 2,547,000 | 3,267,000 | 3,267,000 |
| Pretax income | 21,182,000 | 40,169,000 | 61,665,000 | 81,652,000 |
| Income tax | 7,677,000 | 14,516,000 | 22,483,000 | 29,635,000 |
| Net income | 13,505,000 | 25,653,000 | 39,182,000 | 52,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 210,826,000 | 213,083,000 | 211,723,000 | 216,684,000 |
| Total capital | 234,755,000 | 237,772,000 | 236,787,000 | 239,103,000 |
| Risk-weighted assets | 2,250,549,000 | 2,330,254,000 | 2,312,426,000 | 2,364,328,000 |