Call reports 2023
CITIZENS BANK COMPANY, THE — 2023
What CITIZENS BANK COMPANY, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 307,919,000 | 306,619,000 | 303,645,000 | 304,803,000 |
| Total loans | 192,959,000 | 191,745,000 | 187,118,000 | 188,530,000 |
| Allowance for loan losses | 5,805,000 | 5,909,000 | 5,909,000 | 5,910,000 |
| Securities available for sale | 68,302,000 | 68,322,000 | 66,491,000 | 72,067,000 |
| Securities held to maturity | 26,293,000 | 26,489,000 | 26,687,000 | 26,885,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,200,000 | 263,348,000 | 266,679,000 | 260,977,000 |
| Interest-bearing deposits | 209,230,000 | 199,106,000 | 202,241,000 | 192,934,000 |
| Noninterest-bearing deposits | 64,970,000 | 64,242,000 | 64,438,000 | 68,043,000 |
| Equity capital | 29,177,000 | 29,894,000 | 27,837,000 | 32,429,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,112,000 | 6,301,000 | 9,614,000 | 13,005,000 |
| Interest expense | 752,000 | 1,673,000 | 2,713,000 | 3,783,000 |
| Net interest income | 2,360,000 | 4,628,000 | 6,901,000 | 9,222,000 |
| Noninterest income | 346,000 | 693,000 | 996,000 | 1,295,000 |
| Noninterest expense | 1,587,000 | 3,006,000 | 4,691,000 | 6,637,000 |
| Provision for loan losses | 50,000 | 155,000 | 155,000 | 155,000 |
| Pretax income | 1,065,000 | 2,156,000 | 3,047,000 | 3,721,000 |
| Income tax | 180,000 | 420,000 | 460,000 | 210,000 |
| Net income | 885,000 | 1,736,000 | 2,587,000 | 3,511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,098,000 | 37,721,000 | 38,421,000 | 38,880,000 |