Call reports 2024
CITIZENS BANK & TRUST — 2024
What CITIZENS BANK & TRUST 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 | 1,104,751,000 | 1,050,739,000 | 1,063,126,000 | 1,031,192,000 |
| Total loans | 593,163,000 | 573,712,000 | 576,985,000 | 576,524,000 |
| Allowance for loan losses | 7,236,000 | 7,052,000 | 6,969,000 | 6,929,000 |
| Securities available for sale | 304,411,000 | 300,614,000 | 301,444,000 | 279,960,000 |
| Securities held to maturity | 37,666,000 | 37,181,000 | 36,524,000 | 36,055,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 888,309,000 | 903,034,000 | 917,075,000 | 909,781,000 |
| Interest-bearing deposits | 697,260,000 | 716,157,000 | 730,324,000 | 716,406,000 |
| Noninterest-bearing deposits | 191,049,000 | 186,877,000 | 186,751,000 | 193,375,000 |
| Equity capital | 52,517,000 | 56,049,000 | 65,606,000 | 57,271,000 |
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 | 11,624,000 | 23,538,000 | 35,332,000 | 46,808,000 |
| Interest expense | 6,585,000 | 12,693,000 | 18,893,000 | 24,345,000 |
| Net interest income | 5,039,000 | 10,845,000 | 16,439,000 | 22,463,000 |
| Noninterest income | 3,254,000 | 4,703,000 | 6,185,000 | 7,806,000 |
| Noninterest expense | 6,284,000 | 12,442,000 | 18,661,000 | 24,901,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,009,000 | 3,106,000 | 3,689,000 | 5,094,000 |
| Income tax | 207,000 | 201,000 | 88,000 | 237,000 |
| Net income | 1,802,000 | 2,905,000 | 3,601,000 | 4,857,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,111,000 | 98,522,000 | 99,005,000 | 98,380,000 |
| Total capital | 105,878,000 | 106,105,000 | 106,505,000 | 105,840,000 |
| Risk-weighted assets | 716,802,000 | 692,763,000 | 686,091,000 | 690,051,000 |