Call reports 2023
CITIZENS BANK & TRUST — 2023
What CITIZENS BANK & TRUST 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 | 1,019,465,000 | 1,042,743,000 | 1,038,166,000 | 1,068,593,000 |
| Total loans | 537,277,000 | 553,708,000 | 559,946,000 | 586,432,000 |
| Allowance for loan losses | 7,906,000 | 7,905,000 | 7,914,000 | 7,256,000 |
| Securities available for sale | 340,017,000 | 329,830,000 | 311,889,000 | 317,486,000 |
| Securities held to maturity | 39,801,000 | 39,246,000 | 38,534,000 | 38,086,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 898,607,000 | 885,534,000 | 873,267,000 | 857,102,000 |
| Interest-bearing deposits | 693,597,000 | 679,532,000 | 682,046,000 | 676,327,000 |
| Noninterest-bearing deposits | 205,010,000 | 206,002,000 | 191,221,000 | 180,775,000 |
| Equity capital | 49,681,000 | 48,674,000 | 44,204,000 | 53,509,000 |
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 | 8,786,000 | 18,525,000 | 28,819,000 | 39,428,000 |
| Interest expense | 2,812,000 | 7,062,000 | 12,057,000 | 17,822,000 |
| Net interest income | 5,974,000 | 11,463,000 | 16,762,000 | 21,606,000 |
| Noninterest income | 1,153,000 | 2,520,000 | 6,928,000 | 8,584,000 |
| Noninterest expense | 5,565,000 | 11,240,000 | 17,704,000 | 23,417,000 |
| Provision for loan losses | 0 | 0 | 0 | -531,000 |
| Pretax income | 1,562,000 | 2,743,000 | 5,986,000 | 6,773,000 |
| Income tax | 105,000 | 108,000 | 625,000 | 590,000 |
| Net income | 1,457,000 | 2,635,000 | 5,361,000 | 6,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,207,000 | 94,734,000 | 97,358,000 | 96,524,000 |
| Total capital | 102,114,000 | 102,639,000 | 105,272,000 | 104,312,000 |
| Risk-weighted assets | 694,435,000 | 693,459,000 | 695,440,000 | 707,919,000 |