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 | 181,320,000 | 185,418,000 | 187,240,000 | 175,636,000 |
| Total loans | 143,381,000 | 143,288,000 | 142,905,000 | 141,089,000 |
| Allowance for loan losses | 1,158,000 | 1,158,000 | 1,158,000 | 1,379,000 |
| Securities available for sale | 22,973,000 | 23,156,000 | 23,926,000 | 23,513,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,020,000 | 156,140,000 | 156,350,000 | 156,838,000 |
| Interest-bearing deposits | 108,355,000 | 109,693,000 | 108,469,000 | 111,321,000 |
| Noninterest-bearing deposits | 44,665,000 | 46,447,000 | 47,881,000 | 45,517,000 |
| Equity capital | 15,383,000 | 15,866,000 | 16,909,000 | 16,539,000 |
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 | 2,450,000 | 5,043,000 | 7,775,000 | 10,508,000 |
| Interest expense | 953,000 | 2,011,000 | 3,119,000 | 4,167,000 |
| Net interest income | 1,497,000 | 3,032,000 | 4,656,000 | 6,341,000 |
| Noninterest income | 22,000 | 125,000 | 224,000 | 360,000 |
| Noninterest expense | 1,258,000 | 2,470,000 | 3,708,000 | 4,949,000 |
| Provision for loan losses | 0 | 0 | 0 | 235,000 |
| Pretax income | 294,000 | 722,000 | 1,241,000 | 1,558,000 |
| Income tax | 60,000 | 150,000 | 259,000 | 319,000 |
| Net income | 234,000 | 572,000 | 982,000 | 1,239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,061,000 | 18,399,000 | 18,809,000 | 18,766,000 |