Call reports 2023
CITIZENS BANK & TRUST — 2023
What CITIZENS BANK & TRUST 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 | 121,522,000 | 116,288,000 | 111,736,000 | 122,542,000 |
| Total loans | 47,854,000 | 51,643,000 | 54,152,000 | 50,894,000 |
| Allowance for loan losses | 514,000 | 513,000 | 547,000 | 545,000 |
| Securities available for sale | 59,710,000 | 60,436,000 | 54,048,000 | 56,845,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,775,000 | 106,822,000 | 101,861,000 | 111,449,000 |
| Interest-bearing deposits | 82,633,000 | 80,745,000 | 79,107,000 | 86,096,000 |
| Noninterest-bearing deposits | 29,142,000 | 26,077,000 | 22,754,000 | 25,353,000 |
| Equity capital | 7,770,000 | 7,490,000 | 6,910,000 | 8,554,000 |
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 | 1,029,000 | 2,113,000 | 3,229,000 | 4,385,000 |
| Interest expense | 196,000 | 464,000 | 799,000 | 1,160,000 |
| Net interest income | 833,000 | 1,649,000 | 2,430,000 | 3,225,000 |
| Noninterest income | 89,000 | 184,000 | 282,000 | 378,000 |
| Noninterest expense | 654,000 | 1,299,000 | 1,951,000 | 2,583,000 |
| Provision for loan losses | 0 | 0 | 36,000 | 36,000 |
| Pretax income | 270,000 | 538,000 | 536,000 | 799,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 270,000 | 538,000 | 536,000 | 799,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,378,000 | 12,546,000 | 12,444,000 | 12,507,000 |