Call reports 2014
CITIZENS BANK — 2014
What CITIZENS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 525,112,000 | 525,799,000 | 526,503,000 | 533,088,000 |
| Total loans | 203,196,000 | 202,004,000 | 195,864,000 | 194,220,000 |
| Allowance for loan losses | 3,140,000 | 3,087,000 | 3,046,000 | 2,832,000 |
| Securities available for sale | 57,837,000 | 57,317,000 | 57,913,000 | 59,610,000 |
| Securities held to maturity | 224,186,000 | 231,918,000 | 239,126,000 | 249,841,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 443,862,000 | 441,132,000 | 437,469,000 | 440,856,000 |
| Interest-bearing deposits | 383,648,000 | 385,704,000 | 382,994,000 | 381,566,000 |
| Noninterest-bearing deposits | 60,214,000 | 55,428,000 | 54,475,000 | 59,290,000 |
| Equity capital | 79,127,000 | 83,060,000 | 86,532,000 | 90,544,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,624,000 | 11,410,000 | 17,099,000 | 22,871,000 |
| Interest expense | 556,000 | 1,103,000 | 1,649,000 | 2,190,000 |
| Net interest income | 5,068,000 | 10,307,000 | 15,450,000 | 20,681,000 |
| Noninterest income | 485,000 | 920,000 | 1,498,000 | 2,132,000 |
| Noninterest expense | 1,884,000 | 3,637,000 | 5,394,000 | 7,809,000 |
| Provision for loan losses | 68,000 | 68,000 | 163,000 | -52,000 |
| Pretax income | 3,553,000 | 7,477,000 | 11,396,000 | 15,014,000 |
| Income tax | 708,000 | 1,480,000 | 2,337,000 | 2,865,000 |
| Net income | 2,845,000 | 5,997,000 | 9,059,000 | 12,149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,850,000 | 84,825,000 | 87,886,000 | 91,026,000 |
| Total capital | 84,990,000 | 87,912,000 | 90,932,000 | 93,858,000 |
| Risk-weighted assets | 320,896,000 | 321,528,000 | 318,904,000 | 321,557,000 |