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 | 30,716,000 | 52,379,000 | 54,904,000 | 57,929,000 |
| Total loans | 18,485,000 | 21,904,000 | 31,292,000 | 35,388,000 |
| Allowance for loan losses | 54,000 | 59,000 | 100,000 | 107,000 |
| Securities available for sale | 2,980,000 | 17,487,000 | 11,475,000 | 11,344,000 |
| Securities held to maturity | 2,697,000 | 2,972,000 | 2,796,000 | 2,591,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,592,000 | 46,382,000 | 48,881,000 | 51,727,000 |
| Interest-bearing deposits | 16,294,000 | 35,099,000 | 36,478,000 | 40,014,000 |
| Noninterest-bearing deposits | 8,298,000 | 11,283,000 | 12,403,000 | 11,713,000 |
| Equity capital | 6,004,000 | 5,933,000 | 5,943,000 | 5,921,000 |
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 | 314,000 | 700,000 | 1,175,000 | 1,693,000 |
| Interest expense | 19,000 | 55,000 | 96,000 | 141,000 |
| Net interest income | 295,000 | 645,000 | 1,079,000 | 1,552,000 |
| Noninterest income | 30,000 | 146,000 | 280,000 | 407,000 |
| Noninterest expense | 309,000 | 849,000 | 1,355,000 | 1,838,000 |
| Provision for loan losses | 0 | 3,000 | 41,000 | 49,000 |
| Pretax income | 10,000 | -67,000 | -47,000 | 62,000 |
| Income tax | 0 | 0 | 0 | 6,000 |
| Net income | 10,000 | -67,000 | -47,000 | 56,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,674,000 | 5,356,000 | 5,381,000 | 5,453,000 |
| Total capital | 5,728,000 | 5,415,000 | 5,481,000 | 5,560,000 |
| Risk-weighted assets | 19,365,000 | 26,710,000 | 33,267,000 | 35,723,000 |