Call reports 2024
CITIZENS BANK, THE — 2024
What CITIZENS BANK, THE 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 | 201,021,000 | 204,452,000 | 204,229,000 | 202,676,000 |
| Total loans | 128,049,000 | 132,877,000 | 139,763,000 | 140,574,000 |
| Allowance for loan losses | 1,267,000 | 1,273,000 | 1,314,000 | 1,335,000 |
| Securities available for sale | 40,957,000 | 42,955,000 | 41,308,000 | 38,544,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,267,000 | 177,529,000 | 174,962,000 | 175,081,000 |
| Interest-bearing deposits | 123,775,000 | 131,061,000 | 128,479,000 | 127,751,000 |
| Noninterest-bearing deposits | 44,492,000 | 46,468,000 | 46,483,000 | 47,330,000 |
| Equity capital | 13,276,000 | 13,656,000 | 15,463,000 | 14,463,000 |
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 | 2,343,000 | 4,885,000 | 7,530,000 | 10,194,000 |
| Interest expense | 267,000 | 568,000 | 919,000 | 1,291,000 |
| Net interest income | 2,076,000 | 4,317,000 | 6,611,000 | 8,903,000 |
| Noninterest income | 331,000 | 672,000 | 1,115,000 | 1,612,000 |
| Noninterest expense | 1,734,000 | 3,476,000 | 5,197,000 | 7,794,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 628,000 | 1,423,000 | 2,394,000 | 2,541,000 |
| Income tax | 0 | 5,000 | 7,000 | 10,000 |
| Net income | 628,000 | 1,418,000 | 2,387,000 | 2,531,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,773,000 | 15,995,000 | 16,587,000 | 16,456,000 |
| Total capital | 17,040,000 | 17,268,000 | 17,901,000 | 17,791,000 |
| Risk-weighted assets | 107,497,000 | 111,997,000 | 114,667,000 | 116,003,000 |