Call reports 2016
CITIZENS BANK COMPANY, THE — 2016
What CITIZENS BANK COMPANY, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 188,843,000 | 188,328,000 | 188,793,000 | 189,198,000 |
| Total loans | 107,390,000 | 112,251,000 | 116,048,000 | 117,996,000 |
| Allowance for loan losses | 1,492,000 | 1,509,000 | 1,566,000 | 1,843,000 |
| Securities available for sale | 55,949,000 | 52,315,000 | 46,434,000 | 43,427,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,763,000 | 160,688,000 | 160,940,000 | 160,607,000 |
| Interest-bearing deposits | 132,312,000 | 131,791,000 | 131,466,000 | 129,207,000 |
| Noninterest-bearing deposits | 30,451,000 | 28,897,000 | 29,474,000 | 31,400,000 |
| Equity capital | 24,738,000 | 25,777,000 | 26,182,000 | 25,580,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,917,000 | 3,802,000 | 5,743,000 | 7,642,000 |
| Interest expense | 115,000 | 228,000 | 340,000 | 460,000 |
| Net interest income | 1,802,000 | 3,574,000 | 5,403,000 | 7,182,000 |
| Noninterest income | 219,000 | 545,000 | 848,000 | 1,155,000 |
| Noninterest expense | 1,098,000 | 2,247,000 | 3,428,000 | 4,749,000 |
| Provision for loan losses | 0 | 55,000 | 115,000 | 410,000 |
| Pretax income | 1,065,000 | 1,985,000 | 2,893,000 | 3,366,000 |
| Income tax | 305,000 | 490,000 | 720,000 | 819,000 |
| Net income | 760,000 | 1,495,000 | 2,173,000 | 2,547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,534,000 | 24,160,000 | 24,778,000 | 24,930,000 |
| Total capital | 24,995,000 | 25,665,000 | 26,312,000 | 26,470,000 |
| Risk-weighted assets | 116,854,000 | 120,378,000 | 122,706,000 | 122,932,000 |