Call reports 2023
CITIZENS BANK AND TRUST COMPANY — 2023
What CITIZENS BANK AND TRUST COMPANY 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 | 575,184,000 | 553,802,000 | 547,688,000 | 554,133,000 |
| Total loans | 233,260,000 | 242,049,000 | 243,708,000 | 252,248,000 |
| Allowance for loan losses | 2,793,000 | 2,798,000 | 2,821,000 | 2,969,000 |
| Securities available for sale | 236,365,000 | 230,111,000 | 221,432,000 | 226,095,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 514,647,000 | 495,263,000 | 488,841,000 | 484,770,000 |
| Interest-bearing deposits | 383,558,000 | 369,622,000 | 367,145,000 | 370,613,000 |
| Noninterest-bearing deposits | 131,089,000 | 125,641,000 | 121,696,000 | 114,157,000 |
| Equity capital | 53,571,000 | 53,076,000 | 51,352,000 | 59,269,000 |
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 | 5,547,000 | 11,257,000 | 17,068,000 | 22,968,000 |
| Interest expense | 410,000 | 973,000 | 1,724,000 | 2,626,000 |
| Net interest income | 5,137,000 | 10,284,000 | 15,344,000 | 20,342,000 |
| Noninterest income | 759,000 | 1,535,000 | 2,635,000 | 3,444,000 |
| Noninterest expense | 2,865,000 | 5,794,000 | 8,847,000 | 12,409,000 |
| Provision for loan losses | 15,000 | 23,000 | 45,000 | 210,000 |
| Pretax income | 3,016,000 | 6,002,000 | 9,087,000 | 11,166,000 |
| Income tax | 595,000 | 1,184,000 | 1,726,000 | 2,129,000 |
| Net income | 2,421,000 | 4,818,000 | 7,361,000 | 9,037,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,707,000 | 70,429,000 | 72,221,000 | 73,073,000 |