Call reports 2024
CITIZENS BANK AND TRUST COMPANY — 2024
What CITIZENS BANK AND TRUST COMPANY 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 | 108,918,000 | 105,605,000 | 103,358,000 | 104,064,000 |
| Total loans | 58,178,000 | 69,286,000 | 74,621,000 | 66,161,000 |
| Allowance for loan losses | 1,987,000 | 1,999,000 | 1,991,000 | 2,022,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 28,953,000 | 17,557,000 | 14,160,000 | 12,118,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,895,000 | 83,327,000 | 83,145,000 | 89,780,000 |
| Interest-bearing deposits | 60,680,000 | 57,288,000 | 56,602,000 | 60,599,000 |
| Noninterest-bearing deposits | 26,215,000 | 26,039,000 | 26,543,000 | 29,181,000 |
| Equity capital | 12,936,000 | 13,110,000 | 13,384,000 | 12,548,000 |
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 | 1,545,000 | 3,078,000 | 4,662,000 | 6,214,000 |
| Interest expense | 431,000 | 845,000 | 1,269,000 | 1,714,000 |
| Net interest income | 1,114,000 | 2,233,000 | 3,393,000 | 4,500,000 |
| Noninterest income | 182,000 | 364,000 | 542,000 | 1,007,000 |
| Noninterest expense | 1,060,000 | 2,041,000 | 3,028,000 | 4,142,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 15,000 |
| Pretax income | 236,000 | 541,000 | 892,000 | 1,350,000 |
| Income tax | 45,000 | 112,000 | 188,000 | 281,000 |
| Net income | 191,000 | 429,000 | 704,000 | 1,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,934,000 | 13,109,000 | 13,383,000 | 12,548,000 |
| Total capital | 13,893,000 | 14,192,000 | 14,515,000 | 13,564,000 |
| Risk-weighted assets | 75,709,000 | 85,712,000 | 89,711,000 | 80,319,000 |