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 | 176,931,000 | 176,553,000 | 175,628,000 | 180,451,000 |
| Total loans | 134,477,000 | 133,318,000 | 134,517,000 | 142,006,000 |
| Allowance for loan losses | 1,852,000 | 1,852,000 | 1,298,000 | 1,158,000 |
| Securities available for sale | 22,731,000 | 22,711,000 | 22,294,000 | 23,209,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,677,000 | 150,448,000 | 149,056,000 | 148,922,000 |
| Interest-bearing deposits | 98,107,000 | 96,658,000 | 87,678,000 | 101,070,000 |
| Noninterest-bearing deposits | 53,570,000 | 53,790,000 | 61,378,000 | 47,852,000 |
| Equity capital | 13,858,000 | 14,275,000 | 14,277,000 | 15,208,000 |
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 | 1,988,000 | 4,170,000 | 6,449,000 | 8,933,000 |
| Interest expense | 364,000 | 897,000 | 1,592,000 | 2,470,000 |
| Net interest income | 1,624,000 | 3,273,000 | 4,857,000 | 6,463,000 |
| Noninterest income | 111,000 | 233,000 | 311,000 | 585,000 |
| Noninterest expense | 1,344,000 | 2,583,000 | 3,829,000 | 5,137,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 424,000 | 979,000 | 1,372,000 | 1,989,000 |
| Income tax | 92,000 | 214,000 | 299,000 | 408,000 |
| Net income | 332,000 | 765,000 | 1,073,000 | 1,581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,878,000 | 17,311,000 | 17,619,000 | 17,827,000 |