Call reports 2023
CITIZENS BANK & TRUST COMPANY — 2023
What CITIZENS BANK & TRUST COMPANY 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 | 307,105,000 | 310,617,000 | 319,717,000 | 333,281,000 |
| Total loans | 169,915,000 | 171,339,000 | 170,617,000 | 173,975,000 |
| Allowance for loan losses | 3,296,000 | 3,286,000 | 3,276,000 | 3,262,000 |
| Securities available for sale | 111,767,000 | 108,286,000 | 108,918,000 | 118,552,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,016,000 | 272,140,000 | 282,733,000 | 292,201,000 |
| Interest-bearing deposits | 203,210,000 | 205,235,000 | 217,270,000 | 231,994,000 |
| Noninterest-bearing deposits | 64,806,000 | 66,905,000 | 65,463,000 | 60,207,000 |
| Equity capital | 37,342,000 | 36,645,000 | 35,054,000 | 39,294,000 |
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 | 3,095,000 | 6,348,000 | 9,894,000 | 13,599,000 |
| Interest expense | 890,000 | 1,943,000 | 3,459,000 | 5,164,000 |
| Net interest income | 2,205,000 | 4,405,000 | 6,435,000 | 8,435,000 |
| Noninterest income | 344,000 | 682,000 | 1,049,000 | 1,410,000 |
| Noninterest expense | 1,670,000 | 3,338,000 | 4,932,000 | 6,333,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 849,000 | 1,719,000 | 2,522,000 | 3,482,000 |
| Income tax | 150,000 | 285,000 | 445,000 | 665,000 |
| Net income | 699,000 | 1,434,000 | 2,077,000 | 2,817,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,487,000 | 43,722,000 | 44,364,000 | 44,704,000 |