FACTANKER · measured, cited, anchored official records connected

Call reports 2024

CITIZENS FIRST BANK — 2024

What CITIZENS FIRST BANK reported to the FFIEC in 2024, quarter by quarter.

PERIOD: 2024SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/363b02a3-e83d-4aa2-893d-b200536d16eb/2024

Balance sheet

What the bank holds and owes at quarter end

Measure2024Q12024Q22024Q32024Q4
Total assets3,828,464,0003,775,894,0003,899,117,0003,987,481,000
Total loans1,293,951,0001,279,595,0001,259,430,0001,297,601,000
Allowance for loan losses20,995,00021,382,00021,235,00023,148,000
Securities available for sale2,231,534,0002,274,753,0002,439,251,0002,442,018,000
Securities held to maturity0000
Trading assets0000
Total deposits3,310,669,0003,269,418,0003,315,951,0003,348,905,000
Interest-bearing deposits2,714,747,0002,709,156,0002,741,864,0002,829,504,000
Noninterest-bearing deposits595,922,000560,262,000574,087,000519,401,000
Equity capital373,099,000378,300,000435,577,000406,648,000

Income

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

Measure2024Q12024Q22024Q32024Q4
Interest income37,840,00078,161,000119,127,000161,932,000
Interest expense15,739,00031,831,00048,499,00064,916,000
Net interest income22,101,00046,330,00070,628,00097,016,000
Noninterest income5,890,00011,948,00017,118,00022,717,000
Noninterest expense15,792,00031,644,00046,719,00062,722,000
Provision for loan losses450,000825,000665,0002,565,000
Pretax income8,905,00022,453,00036,171,00052,155,000
Income tax1,942,0005,368,0009,062,00012,615,000
Net income6,963,00017,085,00027,109,00039,540,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2024Q12024Q22024Q32024Q4
Tier 1 capital488,947,000499,070,000509,093,000521,524,000
Total capital513,142,000523,952,000534,663,000547,107,000
Risk-weighted assets2,652,019,0002,657,667,0002,663,757,0002,699,764,000