Call reports 2020
CITIZENS BANK & TRUST COMPANY — 2020
What CITIZENS BANK & TRUST COMPANY 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 | 242,261,000 | 271,334,000 | 270,440,000 | 269,508,000 |
| Total loans | 138,150,000 | 148,632,000 | 152,043,000 | 151,931,000 |
| Allowance for loan losses | 2,325,000 | 2,430,000 | 2,794,000 | 3,000,000 |
| Securities available for sale | 82,924,000 | 95,291,000 | 91,657,000 | 90,902,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,382,000 | 229,958,000 | 228,578,000 | 227,665,000 |
| Interest-bearing deposits | 159,528,000 | 175,950,000 | 173,968,000 | 173,235,000 |
| Noninterest-bearing deposits | 42,854,000 | 54,008,000 | 54,610,000 | 54,430,000 |
| Equity capital | 38,080,000 | 39,189,000 | 39,791,000 | 40,164,000 |
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 | 2,376,000 | 4,663,000 | 6,975,000 | 9,082,000 |
| Interest expense | 456,000 | 843,000 | 1,168,000 | 1,463,000 |
| Net interest income | 1,920,000 | 3,820,000 | 5,807,000 | 7,619,000 |
| Noninterest income | 372,000 | 826,000 | 1,357,000 | 1,915,000 |
| Noninterest expense | 1,540,000 | 2,916,000 | 4,391,000 | 5,715,000 |
| Provision for loan losses | 50,000 | 215,000 | 565,000 | 765,000 |
| Pretax income | 702,000 | 1,515,000 | 2,208,000 | 3,054,000 |
| Income tax | 120,000 | 222,000 | 305,000 | 440,000 |
| Net income | 582,000 | 1,293,000 | 1,903,000 | 2,614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,886,000 | 36,227,000 | 37,458,000 | 37,969,000 |