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 | 1,424,044,000 | 1,442,172,000 | 1,520,282,000 | 1,486,851,000 |
| Total loans | 1,232,220,000 | 1,251,618,000 | 1,257,323,000 | 1,239,407,000 |
| Allowance for loan losses | 17,361,000 | 17,584,000 | 17,529,000 | 17,030,000 |
| Securities available for sale | 96,257,000 | 93,665,000 | 97,938,000 | 92,543,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,300,652,000 | 1,314,859,000 | 1,394,574,000 | 1,317,729,000 |
| Interest-bearing deposits | 1,141,505,000 | 1,150,227,000 | 1,233,872,000 | 1,168,477,000 |
| Noninterest-bearing deposits | 159,147,000 | 164,632,000 | 160,702,000 | 149,252,000 |
| Equity capital | 114,830,000 | 116,164,000 | 121,131,000 | 123,675,000 |
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 | 19,636,000 | 40,765,000 | 61,661,000 | 83,234,000 |
| Interest expense | 9,332,000 | 19,132,000 | 29,455,000 | 39,365,000 |
| Net interest income | 10,304,000 | 21,633,000 | 32,206,000 | 43,869,000 |
| Noninterest income | 1,590,000 | 3,140,000 | 4,743,000 | 6,283,000 |
| Noninterest expense | 8,150,000 | 16,619,000 | 24,090,000 | 32,496,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 1,400,000 | 1,400,000 |
| Pretax income | 3,307,000 | 7,142,000 | 11,717,000 | 16,585,000 |
| Income tax | 654,000 | 1,452,000 | 1,801,000 | 2,401,000 |
| Net income | 2,653,000 | 5,690,000 | 9,916,000 | 14,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,824,000 | 122,216,000 | 125,586,000 | 128,340,000 |
| Total capital | 136,551,000 | 139,164,000 | 142,325,000 | 144,968,000 |
| Risk-weighted assets | 1,336,602,000 | 1,354,250,000 | 1,337,396,000 | 1,328,931,000 |