Call reports 2023
CITIZENS BANK — 2023
What CITIZENS BANK 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 | 942,576,000 | 1,031,248,000 | 1,035,678,000 | 1,019,726,000 |
| Total loans | 381,529,000 | 398,620,000 | 400,691,000 | 406,408,000 |
| Allowance for loan losses | 5,570,000 | 5,858,000 | 5,595,000 | 5,606,000 |
| Securities available for sale | 456,354,000 | 426,813,000 | 398,678,000 | 394,310,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 801,714,000 | 772,111,000 | 779,087,000 | 752,455,000 |
| Interest-bearing deposits | 401,600,000 | 379,621,000 | 386,453,000 | 377,500,000 |
| Noninterest-bearing deposits | 400,114,000 | 392,490,000 | 392,634,000 | 374,955,000 |
| Equity capital | 67,848,000 | 64,869,000 | 58,728,000 | 71,253,000 |
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 | 8,354,000 | 17,424,000 | 27,420,000 | 37,637,000 |
| Interest expense | 260,000 | 2,122,000 | 4,658,000 | 7,282,000 |
| Net interest income | 8,094,000 | 15,302,000 | 22,762,000 | 30,355,000 |
| Noninterest income | 685,000 | 1,407,000 | 2,101,000 | 2,777,000 |
| Noninterest expense | 6,231,000 | 12,485,000 | 18,801,000 | 25,133,000 |
| Provision for loan losses | 243,000 | 497,000 | 237,000 | 265,000 |
| Pretax income | 2,322,000 | 3,873,000 | 6,043,000 | 7,990,000 |
| Income tax | 541,000 | 869,000 | 1,375,000 | 1,791,000 |
| Net income | 1,781,000 | 3,004,000 | 4,668,000 | 6,199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,837,000 | 109,060,000 | 109,491,000 | 108,947,000 |
| Total capital | 113,936,000 | 115,318,000 | 115,414,000 | 114,844,000 |
| Risk-weighted assets | 534,850,000 | 552,807,000 | 557,566,000 | 547,735,000 |