Call reports 2024
CITIZENS BANK & TRUST COMPANY — 2024
What CITIZENS BANK & TRUST COMPANY 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 | 334,364,000 | 329,911,000 | 329,707,000 | 337,779,000 |
| Total loans | 173,686,000 | 185,945,000 | 187,097,000 | 189,876,000 |
| Allowance for loan losses | 3,266,000 | 3,270,000 | 3,265,000 | 3,265,000 |
| Securities available for sale | 125,436,000 | 127,699,000 | 116,771,000 | 116,537,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 292,863,000 | 288,576,000 | 285,165,000 | 295,164,000 |
| Interest-bearing deposits | 230,834,000 | 225,868,000 | 222,222,000 | 232,733,000 |
| Noninterest-bearing deposits | 62,029,000 | 62,708,000 | 62,943,000 | 62,431,000 |
| Equity capital | 39,235,000 | 39,073,000 | 42,094,000 | 40,511,000 |
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 | 4,001,000 | 8,139,000 | 12,239,000 | 16,159,000 |
| Interest expense | 1,858,000 | 3,766,000 | 5,694,000 | 7,520,000 |
| Net interest income | 2,143,000 | 4,373,000 | 6,545,000 | 8,639,000 |
| Noninterest income | 329,000 | 663,000 | 1,015,000 | 1,372,000 |
| Noninterest expense | 1,658,000 | 3,198,000 | 4,842,000 | 6,476,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 814,000 | 1,838,000 | 2,718,000 | 3,535,000 |
| Income tax | 170,000 | 380,000 | 550,000 | 650,000 |
| Net income | 644,000 | 1,458,000 | 2,168,000 | 2,885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,348,000 | 45,512,000 | 46,221,000 | 46,289,000 |