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 | 1,008,484,000 | 992,427,000 | 996,001,000 | 1,058,344,000 |
| Total loans | 694,531,000 | 685,994,000 | 690,948,000 | 709,152,000 |
| Allowance for loan losses | 6,994,000 | 7,188,000 | 7,403,000 | 7,396,000 |
| Securities available for sale | 200,971,000 | 192,632,000 | 187,761,000 | 217,810,000 |
| Securities held to maturity | 6,414,000 | 5,969,000 | 5,963,000 | 5,957,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 883,859,000 | 868,224,000 | 872,408,000 | 902,488,000 |
| Interest-bearing deposits | 652,175,000 | 634,952,000 | 632,261,000 | 649,386,000 |
| Noninterest-bearing deposits | 231,684,000 | 233,272,000 | 240,147,000 | 253,102,000 |
| Equity capital | 116,034,000 | 116,126,000 | 115,874,000 | 123,440,000 |
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 | 10,477,000 | 21,288,000 | 32,232,000 | 44,350,000 |
| Interest expense | 1,931,000 | 4,338,000 | 7,179,000 | 10,458,000 |
| Net interest income | 8,546,000 | 16,950,000 | 25,053,000 | 33,892,000 |
| Noninterest income | 1,263,000 | 2,562,000 | 3,909,000 | 5,181,000 |
| Noninterest expense | 5,599,000 | 11,047,000 | 16,418,000 | 21,855,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 1,219,000 |
| Pretax income | 4,034,000 | 8,064,000 | 11,918,000 | 16,152,000 |
| Income tax | 923,000 | 1,979,000 | 2,652,000 | 4,016,000 |
| Net income | 3,111,000 | 6,085,000 | 9,266,000 | 12,136,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 132,847,000 | 133,942,000 | 137,122,000 | 138,072,000 |