Call reports 2003
CITIZENS BANK, THE — 2003
What CITIZENS BANK, THE 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 | 67,371,000 | 68,881,000 | 67,479,000 | 67,880,000 |
| Total loans | 35,692,000 | 35,442,000 | 35,814,000 | 36,634,000 |
| Allowance for loan losses | 363,000 | 367,000 | 354,000 | 365,000 |
| Securities available for sale | 23,672,000 | 25,557,000 | 23,911,000 | 24,527,000 |
| Securities held to maturity | 484,000 | 484,000 | 484,000 | 484,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,656,000 | 57,617,000 | 55,996,000 | 56,871,000 |
| Interest-bearing deposits | 49,058,000 | 49,724,000 | 47,700,000 | 47,734,000 |
| Noninterest-bearing deposits | 7,598,000 | 7,893,000 | 8,296,000 | 9,137,000 |
| Equity capital | 6,896,000 | 7,368,000 | 7,415,000 | 6,891,000 |
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 | 877,000 | 1,765,000 | 2,627,000 | 3,510,000 |
| Interest expense | 326,000 | 633,000 | 905,000 | 1,160,000 |
| Net interest income | 551,000 | 1,132,000 | 1,722,000 | 2,350,000 |
| Noninterest income | 61,000 | 128,000 | 202,000 | 263,000 |
| Noninterest expense | 270,000 | 555,000 | 818,000 | 1,234,000 |
| Provision for loan losses | 0 | 0 | 0 | 23,000 |
| Pretax income | 342,000 | 705,000 | 1,106,000 | 1,356,000 |
| Income tax | 85,000 | 175,000 | 236,000 | 368,000 |
| Net income | 257,000 | 530,000 | 870,000 | 988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,694,000 | 6,966,000 | 7,304,000 | 6,764,000 |
| Total capital | 7,057,000 | 7,333,000 | 7,661,000 | 7,129,000 |
| Risk-weighted assets | 39,460,000 | 39,329,000 | 39,552,000 | 40,012,000 |