Call reports 2014
CITIZENS BANK — 2014
What CITIZENS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 401,081,000 | 387,390,000 | 394,311,000 | 412,315,000 |
| Total loans | 169,034,000 | 181,203,000 | 186,909,000 | 198,466,000 |
| Allowance for loan losses | 3,452,000 | 3,596,000 | 3,849,000 | 3,921,000 |
| Securities available for sale | 59,504,000 | 57,102,000 | 54,176,000 | 61,283,000 |
| Securities held to maturity | 4,430,000 | 4,294,000 | 4,101,000 | 3,955,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 362,496,000 | 348,327,000 | 354,380,000 | 371,954,000 |
| Interest-bearing deposits | 220,960,000 | 207,032,000 | 206,605,000 | 238,804,000 |
| Noninterest-bearing deposits | 141,536,000 | 141,295,000 | 147,775,000 | 133,150,000 |
| Equity capital | 35,753,000 | 36,436,000 | 37,036,000 | 37,808,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,199,000 | 6,187,000 | 9,277,000 | 12,535,000 |
| Interest expense | 137,000 | 268,000 | 398,000 | 534,000 |
| Net interest income | 3,062,000 | 5,919,000 | 8,879,000 | 12,001,000 |
| Noninterest income | 554,000 | 1,257,000 | 2,065,000 | 2,477,000 |
| Noninterest expense | 2,491,000 | 5,142,000 | 7,748,000 | 10,375,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 1,050,000 | 1,884,000 | 2,971,000 | 3,803,000 |
| Income tax | 353,000 | 633,000 | 998,000 | 1,273,000 |
| Net income | 697,000 | 1,251,000 | 1,973,000 | 2,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,683,000 | 36,237,000 | 36,959,000 | 37,516,000 |
| Total capital | 38,308,000 | 38,949,000 | 39,840,000 | 40,387,000 |
| Risk-weighted assets | 209,170,000 | 216,003,000 | 229,484,000 | 239,187,000 |