Call reports 2024
CITIZENS BANK — 2024
What CITIZENS BANK 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 | 769,454,000 | 788,193,000 | 782,947,000 | 786,117,000 |
| Total loans | 414,575,000 | 411,131,000 | 426,069,000 | 434,303,000 |
| Allowance for loan losses | 4,646,000 | 4,735,000 | 4,828,000 | 4,942,000 |
| Securities available for sale | 325,163,000 | 323,615,000 | 332,920,000 | 310,872,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 670,706,000 | 686,415,000 | 670,143,000 | 680,332,000 |
| Interest-bearing deposits | 543,194,000 | 541,625,000 | 528,305,000 | 539,554,000 |
| Noninterest-bearing deposits | 127,512,000 | 144,790,000 | 141,838,000 | 140,778,000 |
| Equity capital | 94,151,000 | 96,885,000 | 106,930,000 | 100,334,000 |
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 | 9,261,000 | 18,870,000 | 28,779,000 | 39,014,000 |
| Interest expense | 4,135,000 | 8,643,000 | 13,127,000 | 17,535,000 |
| Net interest income | 5,126,000 | 10,227,000 | 15,652,000 | 21,479,000 |
| Noninterest income | 395,000 | 867,000 | 1,333,000 | 1,788,000 |
| Noninterest expense | 1,869,000 | 3,871,000 | 5,990,000 | 8,578,000 |
| Provision for loan losses | 116,000 | 244,000 | 367,000 | 565,000 |
| Pretax income | 3,536,000 | 6,979,000 | 10,585,000 | 14,027,000 |
| Income tax | 503,000 | 1,222,000 | 1,997,000 | 2,418,000 |
| Net income | 3,033,000 | 5,757,000 | 8,588,000 | 11,609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,915,000 | 131,638,000 | 134,470,000 | 137,491,000 |