Call reports 2024
CITIZENS BANK COMPANY, THE — 2024
What CITIZENS BANK COMPANY, THE 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 | 304,275,000 | 313,513,000 | 321,053,000 | 320,728,000 |
| Total loans | 185,580,000 | 191,294,000 | 194,748,000 | 194,605,000 |
| Allowance for loan losses | 5,878,000 | 5,880,000 | 5,950,000 | 6,239,000 |
| Securities available for sale | 72,590,000 | 72,525,000 | 80,633,000 | 79,567,000 |
| Securities held to maturity | 27,082,000 | 27,275,000 | 27,468,000 | 27,661,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 260,326,000 | 265,402,000 | 274,365,000 | 273,096,000 |
| Interest-bearing deposits | 196,653,000 | 198,133,000 | 209,526,000 | 207,461,000 |
| Noninterest-bearing deposits | 63,673,000 | 67,269,000 | 64,839,000 | 65,635,000 |
| Equity capital | 32,467,000 | 33,229,000 | 34,868,000 | 34,649,000 |
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 | 3,365,000 | 6,864,000 | 10,550,000 | 14,390,000 |
| Interest expense | 1,098,000 | 2,273,000 | 3,573,000 | 4,929,000 |
| Net interest income | 2,267,000 | 4,591,000 | 6,977,000 | 9,461,000 |
| Noninterest income | 297,000 | 616,000 | 938,000 | 1,264,000 |
| Noninterest expense | 1,629,000 | 3,277,000 | 5,098,000 | 7,154,000 |
| Provision for loan losses | 0 | 0 | 70,000 | 347,000 |
| Pretax income | 935,000 | 1,923,000 | 2,740,000 | 3,217,000 |
| Income tax | 180,000 | 300,000 | 400,000 | -441,000 |
| Net income | 755,000 | 1,623,000 | 2,340,000 | 3,658,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,180,000 | 39,854,000 | 40,366,000 | 41,535,000 |