Call reports 2016
CITIZENS BANK, THE — 2016
What CITIZENS BANK, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 736,213,000 | 751,981,000 | 786,635,000 | 751,060,000 |
| Total loans | 503,122,000 | 523,364,000 | 545,421,000 | 545,265,000 |
| Allowance for loan losses | 7,112,000 | 7,661,000 | 8,090,000 | 8,487,000 |
| Securities available for sale | 164,266,000 | 155,421,000 | 148,850,000 | 142,579,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 574,465,000 | 569,168,000 | 597,103,000 | 644,019,000 |
| Interest-bearing deposits | 501,511,000 | 495,082,000 | 524,667,000 | 569,508,000 |
| Noninterest-bearing deposits | 72,954,000 | 74,086,000 | 72,436,000 | 74,511,000 |
| Equity capital | 67,248,000 | 69,494,000 | 71,083,000 | 74,010,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 7,319,000 | 14,891,000 | 22,639,000 | 30,388,000 |
| Interest expense | 1,006,000 | 2,008,000 | 3,081,000 | 4,223,000 |
| Net interest income | 6,313,000 | 12,883,000 | 19,558,000 | 26,165,000 |
| Noninterest income | 1,124,000 | 2,274,000 | 3,453,000 | 4,681,000 |
| Noninterest expense | 5,190,000 | 10,584,000 | 15,845,000 | 21,247,000 |
| Provision for loan losses | 565,000 | 1,138,000 | 1,693,000 | 2,249,000 |
| Pretax income | 1,695,000 | 3,452,000 | 5,495,000 | 7,372,000 |
| Income tax | 378,000 | 578,000 | 838,000 | 1,070,000 |
| Net income | 1,317,000 | 2,874,000 | 4,657,000 | 6,302,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,734,000 | 55,980,000 | 57,843,000 | 61,460,000 |
| Total capital | 61,127,000 | 62,634,000 | 64,781,000 | 68,394,000 |
| Risk-weighted assets | 510,676,000 | 531,309,000 | 553,853,000 | 553,180,000 |