Call reports 2023
CITIZENS BANK, THE — 2023
What CITIZENS BANK, THE 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 | 200,771,000 | 205,799,000 | 200,169,000 | 191,425,000 |
| Total loans | 120,089,000 | 121,943,000 | 123,223,000 | 127,687,000 |
| Allowance for loan losses | 1,125,000 | 1,174,000 | 1,219,000 | 1,258,000 |
| Securities available for sale | 46,015,000 | 44,914,000 | 43,909,000 | 44,644,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,613,000 | 170,850,000 | 164,556,000 | 162,218,000 |
| Interest-bearing deposits | 126,648,000 | 125,185,000 | 120,260,000 | 120,690,000 |
| Noninterest-bearing deposits | 39,965,000 | 45,665,000 | 44,296,000 | 41,528,000 |
| Equity capital | 11,649,000 | 11,352,000 | 11,236,000 | 12,797,000 |
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 | 2,072,000 | 4,349,000 | 6,705,000 | 9,080,000 |
| Interest expense | 148,000 | 358,000 | 613,000 | 880,000 |
| Net interest income | 1,924,000 | 3,991,000 | 6,092,000 | 8,200,000 |
| Noninterest income | 329,000 | 664,000 | 1,025,000 | 1,365,000 |
| Noninterest expense | 1,692,000 | 3,431,000 | 5,146,000 | 6,630,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 501,000 | 1,104,000 | 1,791,000 | 2,695,000 |
| Income tax | 0 | 29,000 | 76,000 | 8,000 |
| Net income | 501,000 | 1,075,000 | 1,715,000 | 2,687,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,393,000 | 14,484,000 | 14,828,000 | 15,145,000 |
| Total capital | 15,518,000 | 15,658,000 | 16,047,000 | 16,403,000 |
| Risk-weighted assets | 101,454,000 | 104,896,000 | 105,507,000 | 107,893,000 |