Call reports 2020
CITIZENS BANK & TRUST — 2020
What CITIZENS BANK & TRUST 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 | 599,512,000 | 692,192,000 | 686,094,000 | 719,870,000 |
| Total loans | 364,405,000 | 407,158,000 | 408,076,000 | 410,852,000 |
| Allowance for loan losses | 5,179,000 | 5,577,000 | 5,830,000 | 6,062,000 |
| Securities available for sale | 131,625,000 | 141,668,000 | 149,573,000 | 149,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 506,725,000 | 583,437,000 | 570,407,000 | 607,080,000 |
| Interest-bearing deposits | 385,921,000 | 427,116,000 | 416,851,000 | 448,556,000 |
| Noninterest-bearing deposits | 120,803,000 | 156,321,000 | 153,557,000 | 158,524,000 |
| Equity capital | 55,956,000 | 64,478,000 | 65,809,000 | 66,446,000 |
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 | 5,935,000 | 11,919,000 | 17,872,000 | 23,973,000 |
| Interest expense | 1,088,000 | 1,891,000 | 2,603,000 | 3,197,000 |
| Net interest income | 4,847,000 | 10,028,000 | 15,269,000 | 20,776,000 |
| Noninterest income | 787,000 | 1,517,000 | 2,302,000 | 3,123,000 |
| Noninterest expense | 3,851,000 | 7,766,000 | 12,123,000 | 16,423,000 |
| Provision for loan losses | 200,000 | 624,000 | 914,000 | 1,161,000 |
| Pretax income | 1,648,000 | 3,220,000 | 4,599,000 | 6,380,000 |
| Income tax | 109,000 | 177,000 | 202,000 | 374,000 |
| Net income | 1,539,000 | 3,043,000 | 4,397,000 | 6,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,375,000 | 60,879,000 | 62,233,000 | 62,912,000 |
| Total capital | 60,541,000 | 66,118,000 | 67,457,000 | 68,376,000 |
| Risk-weighted assets | 413,252,000 | 418,798,000 | 417,190,000 | 436,540,000 |