Call reports 2023
CITIZENS BANK & TRUST COMPANY — 2023
What CITIZENS BANK & TRUST COMPANY 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 | 143,630,000 | 143,025,000 | 141,319,000 | 147,431,000 |
| Total loans | 63,276,000 | 67,244,000 | 71,743,000 | 67,642,000 |
| Allowance for loan losses | 1,654,000 | 1,654,000 | 1,654,000 | 1,674,000 |
| Securities available for sale | 48,827,000 | 45,893,000 | 43,826,000 | 42,972,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,462,000 | 120,555,000 | 118,543,000 | 118,161,000 |
| Interest-bearing deposits | 73,273,000 | 75,049,000 | 73,152,000 | 69,056,000 |
| Noninterest-bearing deposits | 48,189,000 | 45,506,000 | 45,391,000 | 49,105,000 |
| Equity capital | 11,706,000 | 11,954,000 | 12,050,000 | 13,304,000 |
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 | 1,145,000 | 2,462,000 | 3,850,000 | 5,359,000 |
| Interest expense | 210,000 | 549,000 | 945,000 | 1,377,000 |
| Net interest income | 935,000 | 1,913,000 | 2,905,000 | 3,982,000 |
| Noninterest income | 90,000 | 186,000 | 289,000 | 412,000 |
| Noninterest expense | 690,000 | 1,363,000 | 2,063,000 | 2,874,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 335,000 | 736,000 | 1,131,000 | 1,520,000 |
| Income tax | 83,000 | 90,000 | 185,000 | 323,000 |
| Net income | 252,000 | 646,000 | 946,000 | 1,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,532,000 | 12,927,000 | 13,156,000 | 13,475,000 |
| Total capital | 13,495,000 | 13,910,000 | 14,194,000 | 14,448,000 |
| Risk-weighted assets | 76,351,000 | 77,982,000 | 82,435,000 | 77,152,000 |