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 | 125,095,000 | 139,405,000 | 145,172,000 | 148,317,000 |
| Total loans | 97,525,000 | 99,547,000 | 101,415,000 | 103,166,000 |
| Allowance for loan losses | 993,000 | 997,000 | 1,023,000 | 1,123,000 |
| Securities available for sale | 11,815,000 | 10,604,000 | 12,559,000 | 20,279,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,534,000 | 124,284,000 | 129,472,000 | 132,966,000 |
| Interest-bearing deposits | 75,071,000 | 81,101,000 | 84,910,000 | 87,675,000 |
| Noninterest-bearing deposits | 35,463,000 | 43,183,000 | 44,562,000 | 45,291,000 |
| Equity capital | 13,355,000 | 13,605,000 | 13,791,000 | 13,893,000 |
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 | 1,430,000 | 2,877,000 | 4,340,000 | 5,872,000 |
| Interest expense | 232,000 | 452,000 | 662,000 | 854,000 |
| Net interest income | 1,198,000 | 2,425,000 | 3,678,000 | 5,018,000 |
| Noninterest income | 156,000 | 255,000 | 383,000 | 522,000 |
| Noninterest expense | 968,000 | 2,096,000 | 3,226,000 | 4,382,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 140,000 |
| Pretax income | 290,000 | 570,000 | 819,000 | 1,099,000 |
| Income tax | 56,000 | 110,000 | 158,000 | 214,000 |
| Net income | 234,000 | 460,000 | 661,000 | 885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,494,000 | 13,719,000 | 13,919,000 | 14,045,000 |