Call reports 2024
CITIZENS BANK — 2024
What CITIZENS BANK 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 | 1,095,490,000 | 918,937,000 | 831,658,000 | 807,255,000 |
| Total loans | 400,669,000 | 387,955,000 | 378,469,000 | 375,985,000 |
| Allowance for loan losses | 5,862,000 | 5,878,000 | 6,025,000 | 5,910,000 |
| Securities available for sale | 373,268,000 | 354,346,000 | 352,034,000 | 326,126,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 726,564,000 | 713,618,000 | 718,706,000 | 707,112,000 |
| Interest-bearing deposits | 361,181,000 | 351,720,000 | 339,740,000 | 336,296,000 |
| Noninterest-bearing deposits | 365,383,000 | 361,898,000 | 378,966,000 | 370,816,000 |
| Equity capital | 69,316,000 | 72,055,000 | 82,813,000 | 73,341,000 |
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 | 10,201,000 | 19,716,000 | 28,511,000 | 36,217,000 |
| Interest expense | 3,006,000 | 5,635,000 | 7,525,000 | 8,304,000 |
| Net interest income | 7,195,000 | 14,081,000 | 20,986,000 | 27,913,000 |
| Noninterest income | 691,000 | 1,360,000 | 2,072,000 | 2,575,000 |
| Noninterest expense | 6,546,000 | 13,064,000 | 19,343,000 | 25,791,000 |
| Provision for loan losses | 388,000 | 404,000 | 546,000 | 524,000 |
| Pretax income | 950,000 | 1,998,000 | 3,214,000 | 4,221,000 |
| Income tax | 171,000 | 395,000 | 613,000 | 804,000 |
| Net income | 779,000 | 1,603,000 | 2,601,000 | 3,417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,377,000 | 110,974,000 | 111,769,000 | 110,635,000 |
| Total capital | 116,530,000 | 117,116,000 | 118,039,000 | 116,787,000 |
| Risk-weighted assets | 543,861,000 | 528,232,000 | 510,048,000 | 505,508,000 |