Call reports 2020
CITIZENS BANK — 2020
What CITIZENS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 427,571,000 | 469,044,000 | 475,545,000 | 432,552,000 |
| Total loans | 270,569,000 | 300,480,000 | 293,809,000 | 286,250,000 |
| Allowance for loan losses | 4,854,000 | 6,132,000 | 6,524,000 | 6,836,000 |
| Securities available for sale | 27,911,000 | 25,910,000 | 24,098,000 | 22,216,000 |
| Securities held to maturity | 796,000 | 741,000 | 670,000 | 637,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 346,766,000 | 377,286,000 | 383,571,000 | 370,322,000 |
| Interest-bearing deposits | 214,221,000 | 220,071,000 | 233,434,000 | 226,433,000 |
| Noninterest-bearing deposits | 132,545,000 | 157,215,000 | 150,137,000 | 143,889,000 |
| Equity capital | 58,896,000 | 59,296,000 | 59,854,000 | 60,469,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,591,000 | 10,070,000 | 14,087,000 | 18,371,000 |
| Interest expense | 563,000 | 1,059,000 | 1,432,000 | 1,734,000 |
| Net interest income | 4,028,000 | 9,011,000 | 12,655,000 | 16,637,000 |
| Noninterest income | 161,000 | 241,000 | 688,000 | 1,031,000 |
| Noninterest expense | 3,148,000 | 6,276,000 | 9,299,000 | 12,439,000 |
| Provision for loan losses | 240,000 | 1,520,000 | 1,920,000 | 2,220,000 |
| Pretax income | 801,000 | 1,456,000 | 2,124,000 | 3,009,000 |
| Income tax | 175,000 | 310,000 | 450,000 | 633,000 |
| Net income | 626,000 | 1,146,000 | 1,674,000 | 2,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,028,000 | 58,548,000 | 59,076,000 | 59,778,000 |
| Total capital | 62,076,000 | 62,592,000 | 63,027,000 | 63,760,000 |
| Risk-weighted assets | 323,081,000 | 321,432,000 | 313,583,000 | 315,710,000 |