Call reports 2020
CITIZENS BANK, THE — 2020
What CITIZENS BANK, THE 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 | 149,072,000 | 179,451,000 | 180,754,000 | 195,490,000 |
| Total loans | 107,313,000 | 112,816,000 | 114,458,000 | 113,956,000 |
| Allowance for loan losses | 854,000 | 1,028,000 | 993,000 | 937,000 |
| Securities available for sale | 16,754,000 | 19,840,000 | 30,492,000 | 28,489,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,660,000 | 142,725,000 | 141,950,000 | 146,813,000 |
| Interest-bearing deposits | 96,997,000 | 106,960,000 | 107,988,000 | 115,341,000 |
| Noninterest-bearing deposits | 28,663,000 | 35,765,000 | 33,962,000 | 31,472,000 |
| Equity capital | 13,635,000 | 14,137,000 | 14,051,000 | 14,104,000 |
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 | 1,567,000 | 3,278,000 | 4,741,000 | 6,146,000 |
| Interest expense | 161,000 | 294,000 | 421,000 | 503,000 |
| Net interest income | 1,406,000 | 2,984,000 | 4,320,000 | 5,643,000 |
| Noninterest income | 311,000 | 544,000 | 814,000 | 1,085,000 |
| Noninterest expense | 1,492,000 | 2,944,000 | 4,434,000 | 5,902,000 |
| Provision for loan losses | 30,000 | 210,000 | 210,000 | 210,000 |
| Pretax income | 195,000 | 374,000 | 490,000 | 616,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 195,000 | 374,000 | 490,000 | 616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,781,000 | 11,946,000 | 11,848,000 | 11,951,000 |
| Total capital | 12,635,000 | 12,974,000 | 12,841,000 | 12,888,000 |
| Risk-weighted assets | 89,414,000 | 99,583,000 | 95,250,000 | 100,082,000 |