Call reports 2014
CITIZENS BANK, THE — 2014
What CITIZENS BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 547,951,000 | 537,910,000 | 535,046,000 | 559,443,000 |
| Total loans | 294,165,000 | 292,244,000 | 291,327,000 | 288,084,000 |
| Allowance for loan losses | 5,799,000 | 5,719,000 | 5,683,000 | 5,921,000 |
| Securities available for sale | 212,882,000 | 201,886,000 | 203,348,000 | 210,610,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 430,365,000 | 425,172,000 | 418,359,000 | 444,919,000 |
| Interest-bearing deposits | 381,983,000 | 376,476,000 | 372,032,000 | 392,864,000 |
| Noninterest-bearing deposits | 48,382,000 | 48,696,000 | 46,327,000 | 52,055,000 |
| Equity capital | 56,453,000 | 58,771,000 | 60,411,000 | 60,054,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,511,000 | 11,388,000 | 16,829,000 | 22,258,000 |
| Interest expense | 926,000 | 1,844,000 | 2,691,000 | 3,511,000 |
| Net interest income | 4,585,000 | 9,544,000 | 14,138,000 | 18,747,000 |
| Noninterest income | 717,000 | 1,519,000 | 2,241,000 | 3,091,000 |
| Noninterest expense | 3,533,000 | 7,490,000 | 11,450,000 | 15,845,000 |
| Provision for loan losses | 300,000 | 600,000 | 910,000 | 1,234,000 |
| Pretax income | 1,523,000 | 3,322,000 | 4,368,000 | 4,903,000 |
| Income tax | 342,000 | 728,000 | 928,000 | 894,000 |
| Net income | 1,181,000 | 2,594,000 | 3,440,000 | 4,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,798,000 | 58,218,000 | 59,073,000 | 58,251,000 |
| Total capital | 60,537,000 | 61,985,000 | 62,831,000 | 61,998,000 |
| Risk-weighted assets | 297,028,000 | 299,408,000 | 298,673,000 | 297,551,000 |