Call reports 2024
CITIZENS BANK & TRUST COMPANY — 2024
What CITIZENS BANK & TRUST COMPANY 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 | 138,105,000 | 137,962,000 | 141,125,000 | 151,214,000 |
| Total loans | 69,134,000 | 74,548,000 | 78,464,000 | 76,702,000 |
| Allowance for loan losses | 1,674,000 | 1,531,000 | 1,561,000 | 1,579,000 |
| Securities available for sale | 40,187,000 | 38,395,000 | 38,270,000 | 36,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,672,000 | 113,902,000 | 110,819,000 | 120,612,000 |
| Interest-bearing deposits | 67,098,000 | 69,379,000 | 66,585,000 | 72,803,000 |
| Noninterest-bearing deposits | 47,574,000 | 44,523,000 | 44,234,000 | 47,809,000 |
| Equity capital | 12,995,000 | 13,456,000 | 14,601,000 | 14,626,000 |
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 | 1,501,000 | 3,035,000 | 4,673,000 | 6,547,000 |
| Interest expense | 412,000 | 791,000 | 1,212,000 | 1,675,000 |
| Net interest income | 1,089,000 | 2,244,000 | 3,461,000 | 4,872,000 |
| Noninterest income | 113,000 | 222,000 | 336,000 | 447,000 |
| Noninterest expense | 734,000 | 1,457,000 | 2,249,000 | 3,320,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 70,000 |
| Pretax income | 468,000 | 1,009,000 | 1,518,000 | 1,929,000 |
| Income tax | 61,000 | 205,000 | 326,000 | 505,000 |
| Net income | 407,000 | 804,000 | 1,192,000 | 1,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,183,000 | 13,580,000 | 13,969,000 | 14,201,000 |
| Total capital | 14,200,000 | 14,642,000 | 15,082,000 | 15,286,000 |
| Risk-weighted assets | 80,750,000 | 84,568,000 | 88,598,000 | 86,329,000 |