Call reports 2016
CITIZENS BANK — 2016
What CITIZENS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 652,131,000 | 658,203,000 | 703,240,000 | 723,263,000 |
| Total loans | 347,614,000 | 362,400,000 | 372,868,000 | 381,250,000 |
| Allowance for loan losses | 3,236,000 | 3,536,000 | 3,837,000 | 3,782,000 |
| Securities available for sale | 179,221,000 | 149,314,000 | 214,428,000 | 229,691,000 |
| Securities held to maturity | 466,000 | 466,000 | 465,000 | 465,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 539,236,000 | 546,468,000 | 586,866,000 | 607,158,000 |
| Interest-bearing deposits | 338,876,000 | 340,942,000 | 367,498,000 | 371,146,000 |
| Noninterest-bearing deposits | 200,360,000 | 205,526,000 | 219,368,000 | 236,012,000 |
| Equity capital | 67,630,000 | 69,040,000 | 70,125,000 | 68,420,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 5,374,000 | 10,872,000 | 16,511,000 | 22,431,000 |
| Interest expense | 123,000 | 252,000 | 386,000 | 524,000 |
| Net interest income | 5,251,000 | 10,620,000 | 16,125,000 | 21,907,000 |
| Noninterest income | 766,000 | 1,574,000 | 2,296,000 | 3,071,000 |
| Noninterest expense | 4,117,000 | 8,155,000 | 12,144,000 | 16,065,000 |
| Provision for loan losses | 150,000 | 450,000 | 750,000 | 1,150,000 |
| Pretax income | 1,750,000 | 3,589,000 | 5,527,000 | 7,763,000 |
| Income tax | 617,000 | 1,272,000 | 1,962,000 | 2,752,000 |
| Net income | 1,133,000 | 2,317,000 | 3,565,000 | 5,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,521,000 | 68,707,000 | 69,934,000 | 69,430,000 |
| Total capital | 71,003,000 | 72,489,000 | 74,017,000 | 73,458,000 |
| Risk-weighted assets | 399,920,000 | 413,471,000 | 436,299,000 | 445,635,000 |