Call reports 2020
CITIZENS BANK — 2020
What CITIZENS BANK 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 | 634,048,000 | 669,383,000 | 672,352,000 | 695,184,000 |
| Total loans | 273,917,000 | 284,418,000 | 289,373,000 | 306,069,000 |
| Allowance for loan losses | 2,276,000 | 2,568,000 | 2,794,000 | 3,039,000 |
| Securities available for sale | 330,073,000 | 348,657,000 | 351,823,000 | 362,525,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 514,029,000 | 540,914,000 | 540,963,000 | 556,871,000 |
| Interest-bearing deposits | 425,520,000 | 435,249,000 | 438,027,000 | 443,842,000 |
| Noninterest-bearing deposits | 88,509,000 | 105,665,000 | 102,936,000 | 113,029,000 |
| Equity capital | 114,229,000 | 121,246,000 | 125,505,000 | 131,625,000 |
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 | 6,496,000 | 13,260,000 | 19,799,000 | 26,364,000 |
| Interest expense | 1,216,000 | 2,193,000 | 3,040,000 | 3,809,000 |
| Net interest income | 5,280,000 | 11,067,000 | 16,759,000 | 22,555,000 |
| Noninterest income | 600,000 | 1,304,000 | 2,157,000 | 2,924,000 |
| Noninterest expense | 1,713,000 | 3,488,000 | 5,507,000 | 8,084,000 |
| Provision for loan losses | 188,000 | 470,000 | 729,000 | 964,000 |
| Pretax income | 3,949,000 | 8,524,000 | 12,762,000 | 16,601,000 |
| Income tax | 743,000 | 1,549,000 | 2,245,000 | 2,359,000 |
| Net income | 3,206,000 | 6,975,000 | 10,517,000 | 14,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,541,000 | 111,310,000 | 114,852,000 | 118,577,000 |
| Total capital | 109,817,000 | 113,878,000 | 117,646,000 | 121,616,000 |
| Risk-weighted assets | 427,468,000 | 442,657,000 | 446,354,000 | 469,106,000 |