Call reports 2004
CITIZENS BANK, THE — 2004
What CITIZENS BANK, THE 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 | 66,374,000 | 66,823,000 | 67,630,000 | 70,093,000 |
| Total loans | 35,159,000 | 36,320,000 | 37,637,000 | 38,780,000 |
| Allowance for loan losses | 367,000 | 365,000 | 373,000 | 384,000 |
| Securities available for sale | 24,224,000 | 25,439,000 | 23,864,000 | 24,925,000 |
| Securities held to maturity | 474,000 | 389,000 | 390,000 | 190,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,660,000 | 55,500,000 | 54,635,000 | 57,961,000 |
| Interest-bearing deposits | 46,937,000 | 47,509,000 | 45,670,000 | 47,579,000 |
| Noninterest-bearing deposits | 7,723,000 | 7,991,000 | 8,965,000 | 10,382,000 |
| Equity capital | 7,482,000 | 7,258,000 | 8,037,000 | 7,249,000 |
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 | 869,000 | 1,724,000 | 2,628,000 | 3,540,000 |
| Interest expense | 232,000 | 451,000 | 683,000 | 943,000 |
| Net interest income | 637,000 | 1,273,000 | 1,945,000 | 2,597,000 |
| Noninterest income | 68,000 | 140,000 | 210,000 | 268,000 |
| Noninterest expense | 273,000 | 561,000 | 831,000 | 1,273,000 |
| Provision for loan losses | 0 | 8,000 | 13,000 | 38,000 |
| Pretax income | 432,000 | 844,000 | 1,320,000 | 1,563,000 |
| Income tax | 58,000 | 158,000 | 231,000 | 385,000 |
| Net income | 374,000 | 686,000 | 1,089,000 | 1,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,137,000 | 7,450,000 | 7,853,000 | 7,135,000 |
| Total capital | 7,504,000 | 7,815,000 | 8,226,000 | 7,519,000 |
| Risk-weighted assets | 38,652,000 | 40,501,000 | 41,436,000 | 42,856,000 |