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 | 1,407,677,000 | 1,373,477,000 | 1,390,322,000 | 1,405,463,000 |
| Total loans | 1,123,083,000 | 1,170,623,000 | 1,198,747,000 | 1,208,776,000 |
| Allowance for loan losses | 15,741,000 | 16,349,000 | 16,593,000 | 17,092,000 |
| Securities available for sale | 101,599,000 | 98,159,000 | 89,671,000 | 99,162,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,283,348,000 | 1,220,062,000 | 1,274,940,000 | 1,229,704,000 |
| Interest-bearing deposits | 1,132,589,000 | 1,058,241,000 | 1,116,306,000 | 1,073,730,000 |
| Noninterest-bearing deposits | 150,759,000 | 161,821,000 | 158,634,000 | 155,974,000 |
| Equity capital | 111,374,000 | 111,555,000 | 108,785,000 | 117,655,000 |
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 | 14,683,000 | 31,244,000 | 49,448,000 | 68,556,000 |
| Interest expense | 4,755,000 | 11,000,000 | 19,207,000 | 28,086,000 |
| Net interest income | 9,928,000 | 20,244,000 | 30,241,000 | 40,470,000 |
| Noninterest income | 1,471,000 | 2,979,000 | 4,593,000 | 6,015,000 |
| Noninterest expense | 8,159,000 | 16,149,000 | 23,998,000 | 32,282,000 |
| Provision for loan losses | 460,000 | 1,150,000 | 1,370,000 | 2,057,000 |
| Pretax income | 2,550,000 | 5,694,000 | 9,236,000 | 11,916,000 |
| Income tax | 527,000 | 1,154,000 | 1,875,000 | 2,413,000 |
| Net income | 2,023,000 | 4,540,000 | 7,361,000 | 9,503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,280,000 | 117,157,000 | 119,994,000 | 121,247,000 |
| Total capital | 130,547,000 | 132,986,000 | 136,188,000 | 137,447,000 |
| Risk-weighted assets | 1,220,141,000 | 1,265,066,000 | 1,294,389,000 | 1,294,399,000 |