FACTANKER · measured, cited, anchored official records connected

Call reports 2022

CITIZENS BANK — 2022

What CITIZENS BANK reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/1d68b663-d7d2-49f7-a8b6-aa71d60619a1/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets1,076,878,0001,060,213,0001,098,066,0001,055,153,000
Total loans348,040,000364,896,000366,793,000378,687,000
Allowance for loan losses7,610,0007,696,0005,616,0005,629,000
Securities available for sale558,269,000522,645,000481,761,000463,639,000
Securities held to maturity0000
Trading assets0000
Total deposits944,265,000948,572,000996,866,000955,774,000
Interest-bearing deposits477,443,000490,604,000513,417,000502,363,000
Noninterest-bearing deposits466,822,000457,968,000483,449,000453,411,000
Equity capital77,948,00063,523,00056,576,00058,575,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income6,454,00013,311,00021,000,00029,941,000
Interest expense111,000225,000343,000461,000
Net interest income6,343,00013,086,00020,657,00029,480,000
Noninterest income709,0001,471,0002,217,0003,036,000
Noninterest expense5,575,00011,148,00016,822,00022,867,000
Provision for loan losses-450,000-450,000-2,550,000-2,550,000
Pretax income1,927,0003,859,0008,602,00012,199,000
Income tax469,000940,0002,159,0003,053,000
Net income1,458,0002,919,0006,443,0009,146,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital100,514,000101,975,000105,498,000105,631,000
Total capital106,817,000108,586,000111,384,000111,530,000
Risk-weighted assets502,746,000527,560,000547,725,000540,790,000