Call reports 2023
CITIZENS BANK OF WESTON, INC., THE — 2023
What CITIZENS BANK OF WESTON, INC., THE 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 | 237,333,000 | 246,115,000 | 257,505,000 | 257,797,000 |
| Total loans | 149,707,000 | 163,274,000 | 175,624,000 | 178,198,000 |
| Allowance for loan losses | 2,028,000 | 2,076,000 | 2,091,000 | 2,147,000 |
| Securities available for sale | 77,071,000 | 72,982,000 | 70,036,000 | 70,684,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,220,000 | 204,221,000 | 210,490,000 | 209,395,000 |
| Interest-bearing deposits | 142,337,000 | 144,618,000 | 148,606,000 | 153,828,000 |
| Noninterest-bearing deposits | 66,883,000 | 59,603,000 | 61,884,000 | 55,567,000 |
| Equity capital | 22,685,000 | 22,988,000 | 23,644,000 | 24,849,000 |
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 | 2,701,000 | 5,630,000 | 9,011,000 | 12,528,000 |
| Interest expense | 246,000 | 810,000 | 1,777,000 | 2,916,000 |
| Net interest income | 2,455,000 | 4,820,000 | 7,234,000 | 9,612,000 |
| Noninterest income | 219,000 | 466,000 | 720,000 | 967,000 |
| Noninterest expense | 1,268,000 | 2,546,000 | 3,834,000 | 5,294,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,304,000 | 2,578,000 | 3,898,000 | 5,003,000 |
| Income tax | 292,000 | 573,000 | 866,000 | 1,145,000 |
| Net income | 1,012,000 | 2,005,000 | 3,032,000 | 3,858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,477,000 | 27,026,000 | 27,615,000 | 27,583,000 |