Call reports 2017
CITIZENS BANK — 2017
What CITIZENS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 65,536,000 | 69,054,000 | 75,043,000 | 78,801,000 |
| Total loans | 40,575,000 | 48,095,000 | 55,361,000 | 59,677,000 |
| Allowance for loan losses | 123,000 | 159,000 | 192,000 | 213,000 |
| Securities available for sale | 11,392,000 | 9,411,000 | 9,414,000 | 11,354,000 |
| Securities held to maturity | 2,562,000 | 2,513,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,527,000 | 62,931,000 | 66,736,000 | 69,411,000 |
| Interest-bearing deposits | 47,635,000 | 50,639,000 | 53,954,000 | 56,352,000 |
| Noninterest-bearing deposits | 11,892,000 | 12,292,000 | 12,782,000 | 13,059,000 |
| Equity capital | 5,941,000 | 6,028,000 | 8,163,000 | 8,091,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 593,000 | 1,285,000 | 2,069,000 | 2,932,000 |
| Interest expense | 68,000 | 164,000 | 280,000 | 407,000 |
| Net interest income | 525,000 | 1,121,000 | 1,789,000 | 2,525,000 |
| Noninterest income | 117,000 | 235,000 | 421,000 | 586,000 |
| Noninterest expense | 530,000 | 1,039,000 | 1,610,000 | 2,256,000 |
| Provision for loan losses | 14,000 | 46,000 | 77,000 | 98,000 |
| Pretax income | 98,000 | 262,000 | 526,000 | 760,000 |
| Income tax | 18,000 | 67,000 | 146,000 | 235,000 |
| Net income | 80,000 | 195,000 | 380,000 | 525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,335,000 | 5,426,000 | 7,577,000 | 7,580,000 |
| Total capital | 5,458,000 | 5,585,000 | 7,769,000 | 7,793,000 |
| Risk-weighted assets | 40,776,000 | 46,732,000 | 53,759,000 | 56,741,000 |