Call reports 2008
CITIZENS BANK, THE — 2008
What CITIZENS BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 84,764,000 | 84,875,000 | 87,604,000 | 86,901,000 |
| Total loans | 41,121,000 | 41,894,000 | 42,880,000 | 43,652,000 |
| Allowance for loan losses | 406,000 | 408,000 | 411,000 | 421,000 |
| Securities available for sale | 30,387,000 | 33,344,000 | 35,770,000 | 36,331,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,583,000 | 71,762,000 | 74,082,000 | 73,264,000 |
| Interest-bearing deposits | 60,802,000 | 61,504,000 | 63,652,000 | 61,085,000 |
| Noninterest-bearing deposits | 10,781,000 | 10,258,000 | 10,430,000 | 12,179,000 |
| Equity capital | 8,140,000 | 8,214,000 | 8,658,000 | 8,658,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,183,000 | 2,345,000 | 3,510,000 | 4,643,000 |
| Interest expense | 578,000 | 1,112,000 | 1,620,000 | 2,110,000 |
| Net interest income | 605,000 | 1,233,000 | 1,890,000 | 2,533,000 |
| Noninterest income | 72,000 | 135,000 | 197,000 | 272,000 |
| Noninterest expense | 292,000 | 595,000 | 898,000 | 1,380,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 55,000 |
| Pretax income | 385,000 | 773,000 | 1,144,000 | 1,370,000 |
| Income tax | 65,000 | 154,000 | 232,000 | 323,000 |
| Net income | 320,000 | 619,000 | 912,000 | 1,047,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,215,000 | 8,514,000 | 8,807,000 | 8,362,000 |
| Total capital | 8,621,000 | 8,922,000 | 9,218,000 | 8,783,000 |
| Risk-weighted assets | 48,663,000 | 49,651,000 | 50,811,000 | 50,784,000 |