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 | 921,366,000 | 1,131,091,000 | 1,056,479,000 | 1,103,056,000 |
| Total loans | 744,046,000 | 788,403,000 | 803,091,000 | 804,943,000 |
| Allowance for loan losses | 11,646,000 | 12,004,000 | 12,542,000 | 11,335,000 |
| Securities available for sale | 108,567,000 | 105,952,000 | 98,631,000 | 96,019,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 753,790,000 | 968,554,000 | 927,158,000 | 962,115,000 |
| Interest-bearing deposits | 668,948,000 | 847,118,000 | 812,936,000 | 846,996,000 |
| Noninterest-bearing deposits | 84,842,000 | 121,436,000 | 114,222,000 | 115,119,000 |
| Equity capital | 88,847,000 | 95,851,000 | 97,780,000 | 110,132,000 |
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 | 10,486,000 | 21,497,000 | 32,803,000 | 43,371,000 |
| Interest expense | 2,329,000 | 4,368,000 | 6,249,000 | 7,827,000 |
| Net interest income | 8,157,000 | 17,129,000 | 26,554,000 | 35,544,000 |
| Noninterest income | 1,265,000 | 2,266,000 | 3,416,000 | 4,772,000 |
| Noninterest expense | 6,442,000 | 13,056,000 | 20,349,000 | 27,404,000 |
| Provision for loan losses | 450,000 | 1,000,000 | 1,600,000 | 2,200,000 |
| Pretax income | 2,534,000 | 5,408,000 | 8,238,000 | 11,058,000 |
| Income tax | 505,000 | 1,086,000 | 1,662,000 | 2,010,000 |
| Net income | 2,029,000 | 4,322,000 | 6,576,000 | 9,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,635,000 | 82,394,000 | 84,751,000 | 97,089,000 |
| Total capital | 85,348,000 | 92,158,000 | 94,794,000 | 107,439,000 |
| Risk-weighted assets | 775,123,000 | 778,911,000 | 800,994,000 | 827,030,000 |