Call reports 2020
CITIZENS BANK AND TRUST COMPANY — 2020
What CITIZENS BANK AND TRUST COMPANY 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 | 423,024,000 | 458,048,000 | 465,591,000 | 492,862,000 |
| Total loans | 228,006,000 | 240,842,000 | 242,269,000 | 234,841,000 |
| Allowance for loan losses | 2,609,000 | 2,857,000 | 2,993,000 | 2,996,000 |
| Securities available for sale | 107,242,000 | 125,563,000 | 147,513,000 | 175,938,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 352,846,000 | 385,547,000 | 395,811,000 | 419,830,000 |
| Interest-bearing deposits | 279,708,000 | 293,223,000 | 301,366,000 | 319,426,000 |
| Noninterest-bearing deposits | 73,137,000 | 92,324,000 | 94,445,000 | 100,404,000 |
| Equity capital | 56,949,000 | 57,535,000 | 57,763,000 | 57,908,000 |
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 | 3,951,000 | 7,835,000 | 11,641,000 | 15,512,000 |
| Interest expense | 439,000 | 862,000 | 1,253,000 | 1,624,000 |
| Net interest income | 3,512,000 | 6,973,000 | 10,388,000 | 13,888,000 |
| Noninterest income | 877,000 | 1,711,000 | 2,579,000 | 3,534,000 |
| Noninterest expense | 2,518,000 | 4,830,000 | 7,501,000 | 10,328,000 |
| Provision for loan losses | 0 | 250,000 | 400,000 | 400,000 |
| Pretax income | 1,901,000 | 3,635,000 | 5,097,000 | 6,725,000 |
| Income tax | 354,000 | 676,000 | 943,000 | 1,248,000 |
| Net income | 1,547,000 | 2,959,000 | 4,154,000 | 5,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,737,000 | 57,249,000 | 57,719,000 | 58,317,000 |