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 | 1,085,352,000 | 1,054,747,000 | 1,068,636,000 | 1,077,485,000 |
| Total loans | 717,916,000 | 713,337,000 | 717,887,000 | 714,894,000 |
| Allowance for loan losses | 7,679,000 | 8,025,000 | 8,495,000 | 9,754,000 |
| Securities available for sale | 222,290,000 | 224,934,000 | 217,100,000 | 218,147,000 |
| Securities held to maturity | 5,952,000 | 5,537,000 | 5,233,000 | 4,829,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 928,208,000 | 911,033,000 | 916,117,000 | 931,860,000 |
| Interest-bearing deposits | 686,690,000 | 667,653,000 | 676,611,000 | 703,588,000 |
| Noninterest-bearing deposits | 241,518,000 | 243,380,000 | 239,506,000 | 228,272,000 |
| Equity capital | 124,862,000 | 125,684,000 | 134,243,000 | 132,576,000 |
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 | 12,355,000 | 25,041,000 | 37,846,000 | 51,211,000 |
| Interest expense | 4,166,000 | 8,519,000 | 12,853,000 | 17,142,000 |
| Net interest income | 8,189,000 | 16,522,000 | 24,993,000 | 34,069,000 |
| Noninterest income | 1,355,000 | 2,695,000 | 4,128,000 | 6,441,000 |
| Noninterest expense | 6,006,000 | 11,710,000 | 17,376,000 | 23,169,000 |
| Provision for loan losses | 300,000 | 644,000 | 1,069,000 | 1,891,000 |
| Pretax income | 3,120,000 | 6,789,000 | 10,391,000 | 15,096,000 |
| Income tax | 432,000 | 1,089,000 | 1,795,000 | 2,470,000 |
| Net income | 2,688,000 | 5,700,000 | 8,596,000 | 12,626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 140,760,000 | 141,812,000 | 144,708,000 | 146,738,000 |