Call reports 2020
CITIZENS BANK — 2020
What CITIZENS BANK 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 | 799,453,000 | 942,751,000 | 985,121,000 | 983,607,000 |
| Total loans | 402,333,000 | 483,640,000 | 474,925,000 | 441,576,000 |
| Allowance for loan losses | 8,585,000 | 11,950,000 | 12,267,000 | 12,488,000 |
| Securities available for sale | 241,009,000 | 215,318,000 | 202,988,000 | 313,926,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 663,128,000 | 798,620,000 | 837,973,000 | 833,395,000 |
| Interest-bearing deposits | 388,290,000 | 427,275,000 | 439,726,000 | 451,018,000 |
| Noninterest-bearing deposits | 274,838,000 | 371,345,000 | 398,247,000 | 382,377,000 |
| Equity capital | 95,240,000 | 96,135,000 | 97,570,000 | 96,831,000 |
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 | 7,379,000 | 14,237,000 | 20,742,000 | 27,927,000 |
| Interest expense | 138,000 | 282,000 | 428,000 | 540,000 |
| Net interest income | 7,241,000 | 13,955,000 | 20,314,000 | 27,387,000 |
| Noninterest income | 710,000 | 1,396,000 | 2,224,000 | 3,022,000 |
| Noninterest expense | 4,764,000 | 8,291,000 | 13,377,000 | 18,312,000 |
| Provision for loan losses | 3,045,000 | 6,360,000 | 6,660,000 | 6,860,000 |
| Pretax income | 142,000 | 700,000 | 2,501,000 | 5,237,000 |
| Income tax | -30,000 | 46,000 | 442,000 | 1,072,000 |
| Net income | 172,000 | 654,000 | 2,059,000 | 4,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,895,000 | 89,827,000 | 91,232,000 | 91,193,000 |
| Total capital | 96,001,000 | 95,587,000 | 97,096,000 | 97,496,000 |
| Risk-weighted assets | 485,755,000 | 454,332,000 | 462,487,000 | 497,835,000 |