Call reports 2024
CITIZENS BANK, THE — 2024
What CITIZENS BANK, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 976,533,000 | 1,008,051,000 | 1,019,870,000 | 1,027,511,000 |
| Total loans | 548,492,000 | 560,773,000 | 570,871,000 | 575,973,000 |
| Allowance for loan losses | 6,212,000 | 6,421,000 | 6,460,000 | 6,310,000 |
| Securities available for sale | 202,525,000 | 209,197,000 | 226,099,000 | 228,086,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 872,528,000 | 900,708,000 | 904,525,000 | 919,360,000 |
| Interest-bearing deposits | 644,138,000 | 658,986,000 | 663,803,000 | 684,499,000 |
| Noninterest-bearing deposits | 228,390,000 | 241,722,000 | 240,722,000 | 234,861,000 |
| Equity capital | 95,664,000 | 98,682,000 | 106,609,000 | 101,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 11,546,000 | 23,800,000 | 36,520,000 | 49,569,000 |
| Interest expense | 2,931,000 | 6,052,000 | 9,457,000 | 12,888,000 |
| Net interest income | 8,615,000 | 17,748,000 | 27,063,000 | 36,681,000 |
| Noninterest income | 1,822,000 | 3,561,000 | 5,472,000 | 7,355,000 |
| Noninterest expense | 6,938,000 | 14,467,000 | 21,881,000 | 29,753,000 |
| Provision for loan losses | 390,000 | 630,000 | 774,000 | 835,000 |
| Pretax income | 3,463,000 | 6,766,000 | 10,532,000 | 14,100,000 |
| Income tax | 845,000 | 1,289,000 | 2,232,000 | 2,924,000 |
| Net income | 2,618,000 | 5,477,000 | 8,300,000 | 11,176,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,226,000 | 92,745,000 | 95,743,000 | 95,797,000 |
| Total capital | 96,204,000 | 99,814,000 | 102,753,000 | 102,657,000 |
| Risk-weighted assets | 558,214,000 | 591,181,000 | 598,278,000 | 606,167,000 |