Call reports 2020
CITIZENS BANK COMPANY, THE — 2020
What CITIZENS BANK COMPANY, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 230,673,000 | 262,611,000 | 266,826,000 | 276,650,000 |
| Total loans | 169,322,000 | 185,523,000 | 186,553,000 | 185,314,000 |
| Allowance for loan losses | 4,243,000 | 4,379,000 | 4,431,000 | 4,631,000 |
| Securities available for sale | 42,882,000 | 46,920,000 | 53,255,000 | 65,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,016,000 | 229,839,000 | 233,361,000 | 241,991,000 |
| Interest-bearing deposits | 159,265,000 | 176,317,000 | 180,777,000 | 180,557,000 |
| Noninterest-bearing deposits | 41,751,000 | 53,522,000 | 52,584,000 | 61,434,000 |
| Equity capital | 29,195,000 | 32,432,000 | 32,982,000 | 34,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,554,000 | 5,126,000 | 7,703,000 | 10,477,000 |
| Interest expense | 295,000 | 663,000 | 970,000 | 1,251,000 |
| Net interest income | 2,259,000 | 4,463,000 | 6,733,000 | 9,226,000 |
| Noninterest income | 230,000 | 448,000 | 698,000 | 939,000 |
| Noninterest expense | 1,696,000 | 3,230,000 | 4,787,000 | 6,476,000 |
| Provision for loan losses | 125,000 | 265,000 | 320,000 | 600,000 |
| Pretax income | 668,000 | 1,416,000 | 2,335,000 | 3,100,000 |
| Income tax | 210,000 | 330,000 | 550,000 | 450,000 |
| Net income | 458,000 | 1,086,000 | 1,785,000 | 2,650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,560,000 | 30,080,000 | 30,493,000 | 31,143,000 |