Call reports 2023
CITIZENS BANK, THE — 2023
What CITIZENS BANK, 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 | 990,835,000 | 987,238,000 | 974,343,000 | 957,961,000 |
| Total loans | 513,792,000 | 517,960,000 | 536,496,000 | 544,146,000 |
| Allowance for loan losses | 6,092,000 | 6,128,000 | 5,938,000 | 5,899,000 |
| Securities available for sale | 203,676,000 | 198,923,000 | 194,472,000 | 203,723,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 895,445,000 | 891,427,000 | 879,040,000 | 855,147,000 |
| Interest-bearing deposits | 616,155,000 | 618,159,000 | 625,508,000 | 621,497,000 |
| Noninterest-bearing deposits | 279,290,000 | 273,268,000 | 253,532,000 | 233,650,000 |
| Equity capital | 85,530,000 | 86,122,000 | 85,196,000 | 94,450,000 |
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 | 10,579,000 | 22,054,000 | 33,578,000 | 45,616,000 |
| Interest expense | 1,068,000 | 3,034,000 | 5,444,000 | 8,196,000 |
| Net interest income | 9,511,000 | 19,020,000 | 28,134,000 | 37,420,000 |
| Noninterest income | 1,893,000 | 3,524,000 | 5,375,000 | 7,082,000 |
| Noninterest expense | 6,734,000 | 14,388,000 | 21,344,000 | 28,778,000 |
| Provision for loan losses | 41,000 | 75,000 | -53,000 | 7,000 |
| Pretax income | 4,629,000 | 8,081,000 | 11,871,000 | 15,370,000 |
| Income tax | 1,181,000 | 1,624,000 | 2,418,000 | 3,180,000 |
| Net income | 3,448,000 | 6,457,000 | 9,453,000 | 12,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,123,000 | 80,342,000 | 83,515,000 | 86,430,000 |
| Total capital | 84,215,000 | 86,470,000 | 90,478,000 | 93,528,000 |
| Risk-weighted assets | 535,346,000 | 567,779,000 | 556,945,000 | 580,437,000 |