Call reports 2024
CITIZENS BANK — 2024
What CITIZENS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 486,259,000 | 474,767,000 | 485,755,000 | 481,336,000 |
| Total loans | 271,708,000 | 269,423,000 | 266,865,000 | 280,009,000 |
| Allowance for loan losses | 6,289,000 | 6,007,000 | 6,244,000 | 5,930,000 |
| Securities available for sale | 92,016,000 | 94,445,000 | 89,431,000 | 89,067,000 |
| Securities held to maturity | 261,000 | 246,000 | 234,000 | 222,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 417,108,000 | 404,666,000 | 413,117,000 | 409,245,000 |
| Interest-bearing deposits | 277,925,000 | 276,736,000 | 287,822,000 | 290,895,000 |
| Noninterest-bearing deposits | 139,183,000 | 127,930,000 | 125,295,000 | 118,350,000 |
| Equity capital | 65,290,000 | 66,314,000 | 68,491,000 | 68,347,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,625,000 | 11,435,000 | 17,432,000 | 23,502,000 |
| Interest expense | 987,000 | 2,237,000 | 3,890,000 | 5,540,000 |
| Net interest income | 4,638,000 | 9,198,000 | 13,542,000 | 17,962,000 |
| Noninterest income | 322,000 | 587,000 | 938,000 | 1,290,000 |
| Noninterest expense | 3,686,000 | 7,400,000 | 11,061,000 | 14,844,000 |
| Provision for loan losses | 175,000 | 400,000 | 625,000 | 850,000 |
| Pretax income | 1,099,000 | 1,985,000 | 2,794,000 | 3,558,000 |
| Income tax | 234,000 | 424,000 | 597,000 | 761,000 |
| Net income | 865,000 | 1,561,000 | 2,197,000 | 2,797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,153,000 | 69,786,000 | 70,346,000 | 70,858,000 |
| Total capital | 73,267,000 | 73,816,000 | 74,395,000 | 74,944,000 |
| Risk-weighted assets | 327,016,000 | 320,490,000 | 321,766,000 | 325,113,000 |