Call reports 2014
CITIZENS BANK COMPANY, THE — 2014
What CITIZENS BANK COMPANY, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 166,589,000 | 174,080,000 | 176,992,000 | 180,522,000 |
| Total loans | 75,745,000 | 78,531,000 | 80,563,000 | 85,328,000 |
| Allowance for loan losses | 1,139,000 | 1,197,000 | 1,202,000 | 1,249,000 |
| Securities available for sale | 77,712,000 | 79,751,000 | 80,783,000 | 83,090,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,237,000 | 151,308,000 | 154,286,000 | 156,929,000 |
| Interest-bearing deposits | 120,604,000 | 125,001,000 | 128,255,000 | 129,278,000 |
| Noninterest-bearing deposits | 23,633,000 | 26,307,000 | 26,031,000 | 27,651,000 |
| Equity capital | 19,651,000 | 20,870,000 | 21,555,000 | 22,197,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,701,000 | 3,380,000 | 5,131,000 | 6,881,000 |
| Interest expense | 136,000 | 275,000 | 417,000 | 557,000 |
| Net interest income | 1,565,000 | 3,105,000 | 4,714,000 | 6,324,000 |
| Noninterest income | 184,000 | 407,000 | 576,000 | 782,000 |
| Noninterest expense | 1,134,000 | 2,259,000 | 3,389,000 | 4,515,000 |
| Provision for loan losses | 45,000 | 103,000 | 103,000 | 143,000 |
| Pretax income | 567,000 | 1,135,000 | 1,629,000 | 2,279,000 |
| Income tax | 128,000 | 230,000 | 315,000 | 410,000 |
| Net income | 439,000 | 905,000 | 1,314,000 | 1,869,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,037,000 | 20,442,000 | 20,793,000 | 21,169,000 |
| Total capital | 21,126,000 | 21,563,000 | 21,949,000 | 22,382,000 |
| Risk-weighted assets | 87,079,000 | 89,632,000 | 92,397,000 | 97,025,000 |