Call reports 2020
CITIZENS BANK & TRUST COMPANY — 2020
What CITIZENS BANK & TRUST COMPANY 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 | 114,206,000 | 123,048,000 | 125,352,000 | 130,788,000 |
| Total loans | 67,656,000 | 70,601,000 | 69,108,000 | 64,353,000 |
| Allowance for loan losses | 1,563,000 | 1,546,000 | 1,553,000 | 1,595,000 |
| Securities available for sale | 15,912,000 | 15,861,000 | 22,298,000 | 28,133,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,358,000 | 108,746,000 | 110,709,000 | 115,517,000 |
| Interest-bearing deposits | 68,094,000 | 69,503,000 | 70,688,000 | 71,255,000 |
| Noninterest-bearing deposits | 32,264,000 | 39,243,000 | 40,021,000 | 44,262,000 |
| Equity capital | 13,269,000 | 13,625,000 | 14,115,000 | 14,429,000 |
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 | 1,272,000 | 2,428,000 | 3,694,000 | 4,799,000 |
| Interest expense | 112,000 | 206,000 | 280,000 | 343,000 |
| Net interest income | 1,160,000 | 2,222,000 | 3,414,000 | 4,456,000 |
| Noninterest income | 45,000 | 111,000 | 184,000 | 257,000 |
| Noninterest expense | 610,000 | 1,270,000 | 1,932,000 | 2,889,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 70,000 |
| Pretax income | 565,000 | 1,052,000 | 1,655,000 | 1,773,000 |
| Income tax | 138,000 | 233,000 | 384,000 | 473,000 |
| Net income | 427,000 | 819,000 | 1,271,000 | 1,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,127,000 | 11,441,000 | 11,814,000 | 11,843,000 |
| Total capital | 11,997,000 | — | 12,730,000 | 12,710,000 |
| Risk-weighted assets | 68,946,000 | — | 72,687,000 | 68,694,000 |