Call reports 2020
CITIZENS BANK, THE — 2020
What CITIZENS BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 596,153,000 | 656,368,000 | 671,752,000 | 681,720,000 |
| Total loans | 385,633,000 | 423,513,000 | 424,413,000 | 410,038,000 |
| Allowance for loan losses | 3,619,000 | 4,157,000 | 4,697,000 | 4,936,000 |
| Securities available for sale | 70,994,000 | 66,492,000 | 77,296,000 | 85,943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 501,637,000 | 556,707,000 | 570,574,000 | 582,075,000 |
| Interest-bearing deposits | 354,398,000 | 364,960,000 | 375,138,000 | 390,165,000 |
| Noninterest-bearing deposits | 147,239,000 | 191,747,000 | 195,436,000 | 191,910,000 |
| Equity capital | 63,245,000 | 64,904,000 | 66,421,000 | 66,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,733,000 | 11,260,000 | 16,775,000 | 22,683,000 |
| Interest expense | 631,000 | 1,057,000 | 1,361,000 | 1,605,000 |
| Net interest income | 5,102,000 | 10,203,000 | 15,414,000 | 21,078,000 |
| Noninterest income | 1,680,000 | 3,180,000 | 5,961,000 | 7,912,000 |
| Noninterest expense | 4,787,000 | 9,439,000 | 14,883,000 | 20,384,000 |
| Provision for loan losses | 60,000 | 620,000 | 1,180,000 | 1,415,000 |
| Pretax income | 1,935,000 | 3,324,000 | 5,312,000 | 7,203,000 |
| Income tax | 465,000 | 497,000 | 962,000 | 1,187,000 |
| Net income | 1,470,000 | 2,827,000 | 4,350,000 | 6,016,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,057,000 | 58,466,000 | 60,039,000 | 60,172,000 |
| Total capital | 60,676,000 | 62,623,000 | 64,736,000 | 65,108,000 |
| Risk-weighted assets | 388,899,000 | 428,747,000 | 460,915,000 | 427,634,000 |