Call reports 2007
CITIZENS BANK, THE — 2007
What CITIZENS BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 80,295,000 | 80,737,000 | 80,440,000 | 81,000,000 |
| Total loans | 41,148,000 | 41,036,000 | 41,985,000 | 43,481,000 |
| Allowance for loan losses | 419,000 | 395,000 | 398,000 | 401,000 |
| Securities available for sale | 28,195,000 | 29,330,000 | 29,411,000 | 29,004,000 |
| Securities held to maturity | 135,000 | 135,000 | 135,000 | 135,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,418,000 | 67,945,000 | 67,107,000 | 68,200,000 |
| Interest-bearing deposits | 57,270,000 | 57,128,000 | 57,207,000 | 58,032,000 |
| Noninterest-bearing deposits | 10,148,000 | 10,817,000 | 9,900,000 | 10,168,000 |
| Equity capital | 7,829,000 | 7,833,000 | 8,413,000 | 7,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,171,000 | 2,373,000 | 3,589,000 | 4,825,000 |
| Interest expense | 574,000 | 1,183,000 | 1,808,000 | 2,423,000 |
| Net interest income | 597,000 | 1,190,000 | 1,781,000 | 2,402,000 |
| Noninterest income | 67,000 | 135,000 | 206,000 | 282,000 |
| Noninterest expense | 290,000 | 596,000 | 879,000 | 1,331,000 |
| Provision for loan losses | 0 | 0 | 0 | 55,000 |
| Pretax income | 374,000 | 729,000 | 1,108,000 | 1,298,000 |
| Income tax | 75,000 | 145,000 | 215,000 | 280,000 |
| Net income | 299,000 | 584,000 | 893,000 | 1,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,982,000 | 8,268,000 | 8,576,000 | 7,895,000 |
| Total capital | 8,401,000 | 8,663,000 | 8,974,000 | 8,296,000 |
| Risk-weighted assets | 47,989,000 | 48,095,000 | 48,849,000 | 49,967,000 |