Call reports 2024
CITIZENS BANK AND TRUST COMPANY — 2024
What CITIZENS BANK AND TRUST COMPANY 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 | 561,762,000 | 556,248,000 | 545,307,000 | 552,521,000 |
| Total loans | 259,970,000 | 264,500,000 | 267,012,000 | 269,771,000 |
| Allowance for loan losses | 2,995,000 | 3,049,000 | 3,144,000 | 3,329,000 |
| Securities available for sale | 231,358,000 | 230,579,000 | 238,717,000 | 224,649,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 488,964,000 | 483,960,000 | 467,049,000 | 472,541,000 |
| Interest-bearing deposits | 377,112,000 | 372,644,000 | 353,613,000 | 362,822,000 |
| Noninterest-bearing deposits | 111,852,000 | 111,316,000 | 113,436,000 | 109,719,000 |
| Equity capital | 59,730,000 | 61,254,000 | 67,866,000 | 66,246,000 |
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 | 6,016,000 | 12,226,000 | 18,516,000 | 24,838,000 |
| Interest expense | 985,000 | 2,074,000 | 3,171,000 | 4,247,000 |
| Net interest income | 5,031,000 | 10,152,000 | 15,345,000 | 20,591,000 |
| Noninterest income | 705,000 | 1,508,000 | 2,360,000 | 3,217,000 |
| Noninterest expense | 2,857,000 | 5,886,000 | 8,940,000 | 12,139,000 |
| Provision for loan losses | 25,000 | 75,000 | 135,000 | 323,000 |
| Pretax income | 2,843,000 | 5,688,000 | 8,619,000 | 11,294,000 |
| Income tax | 560,000 | 1,118,000 | 1,694,000 | 2,220,000 |
| Net income | 2,283,000 | 4,570,000 | 6,925,000 | 9,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,631,000 | 76,043,000 | 77,624,000 | 78,898,000 |