Call reports 2023
CITIZENS BANK — 2023
What CITIZENS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 513,976,000 | 510,576,000 | 495,331,000 | 478,499,000 |
| Total loans | 275,046,000 | 270,656,000 | 273,781,000 | 274,625,000 |
| Allowance for loan losses | 7,293,000 | 5,823,000 | 5,971,000 | 6,115,000 |
| Securities available for sale | 100,292,000 | 102,007,000 | 95,510,000 | 97,111,000 |
| Securities held to maturity | 346,000 | 329,000 | 301,000 | 277,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 450,583,000 | 446,839,000 | 430,522,000 | 411,445,000 |
| Interest-bearing deposits | 288,830,000 | 289,063,000 | 278,393,000 | 269,811,000 |
| Noninterest-bearing deposits | 161,753,000 | 157,776,000 | 152,129,000 | 141,634,000 |
| Equity capital | 60,970,000 | 61,276,000 | 61,854,000 | 64,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,294,000 | 11,039,000 | 16,582,000 | 22,305,000 |
| Interest expense | 499,000 | 1,167,000 | 1,908,000 | 2,735,000 |
| Net interest income | 4,795,000 | 9,872,000 | 14,674,000 | 19,570,000 |
| Noninterest income | 227,000 | 543,000 | 905,000 | 1,192,000 |
| Noninterest expense | 3,653,000 | 7,269,000 | 10,882,000 | 14,709,000 |
| Provision for loan losses | 75,000 | 165,000 | 315,000 | 465,000 |
| Pretax income | 1,294,000 | 2,981,000 | 4,382,000 | 5,588,000 |
| Income tax | 275,000 | 631,000 | 927,000 | 1,175,000 |
| Net income | 1,019,000 | 2,350,000 | 3,455,000 | 4,413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,070,000 | 66,401,000 | 67,455,000 | 68,351,000 |
| Total capital | 69,248,000 | 70,562,000 | 71,585,000 | 72,481,000 |
| Risk-weighted assets | 331,197,000 | 331,255,000 | 328,603,000 | 328,456,000 |