Call reports 2023
CITIZENS BANK — 2023
What CITIZENS BANK 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 | 729,335,000 | 733,192,000 | 739,971,000 | 760,885,000 |
| Total loans | 366,708,000 | 370,192,000 | 390,890,000 | 394,364,000 |
| Allowance for loan losses | 4,331,000 | 4,346,000 | 4,329,000 | 4,542,000 |
| Securities available for sale | 325,366,000 | 324,769,000 | 309,204,000 | 330,901,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 635,520,000 | 635,818,000 | 648,874,000 | 652,015,000 |
| Interest-bearing deposits | 501,702,000 | 498,335,000 | 512,514,000 | 517,975,000 |
| Noninterest-bearing deposits | 133,818,000 | 137,483,000 | 136,360,000 | 134,040,000 |
| Equity capital | 91,000,000 | 94,525,000 | 86,782,000 | 104,140,000 |
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 | 7,180,000 | 15,293,000 | 23,891,000 | 32,934,000 |
| Interest expense | 1,850,000 | 4,562,000 | 7,819,000 | 11,495,000 |
| Net interest income | 5,330,000 | 10,731,000 | 16,072,000 | 21,439,000 |
| Noninterest income | 526,000 | 1,053,000 | 1,528,000 | 1,957,000 |
| Noninterest expense | 1,810,000 | 3,659,000 | 5,855,000 | 8,226,000 |
| Provision for loan losses | 28,000 | 102,000 | 176,000 | 420,000 |
| Pretax income | 4,041,000 | 8,046,000 | 11,592,000 | 14,773,000 |
| Income tax | 649,000 | 1,245,000 | 1,620,000 | 2,294,000 |
| Net income | 3,392,000 | 6,801,000 | 9,972,000 | 12,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,807,000 | 130,216,000 | 133,387,000 | 135,893,000 |