Call reports 2014
CITIZENS BANK — 2014
What CITIZENS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 169,085,000 | 166,564,000 | 166,680,000 | 169,645,000 |
| Total loans | 120,839,000 | 120,256,000 | 118,888,000 | 119,763,000 |
| Allowance for loan losses | 4,095,000 | 4,125,000 | 4,038,000 | 3,677,000 |
| Securities available for sale | 22,841,000 | 24,406,000 | 24,639,000 | 26,764,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,356,000 | 143,316,000 | 143,266,000 | 145,910,000 |
| Interest-bearing deposits | 110,982,000 | 109,780,000 | 107,737,000 | 110,153,000 |
| Noninterest-bearing deposits | 35,374,000 | 33,536,000 | 35,530,000 | 35,756,000 |
| Equity capital | 20,801,000 | 21,093,000 | 21,303,000 | 21,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,619,000 | 3,278,000 | 4,896,000 | 6,500,000 |
| Interest expense | 118,000 | 232,000 | 341,000 | 445,000 |
| Net interest income | 1,501,000 | 3,046,000 | 4,555,000 | 6,055,000 |
| Noninterest income | 220,000 | 447,000 | 708,000 | 885,000 |
| Noninterest expense | 1,455,000 | 2,871,000 | 4,368,000 | 5,954,000 |
| Provision for loan losses | 0 | 0 | 0 | -200,000 |
| Pretax income | 266,000 | 622,000 | 895,000 | 1,186,000 |
| Income tax | 77,000 | 186,000 | 265,000 | 344,000 |
| Net income | 189,000 | 436,000 | 630,000 | 842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,905,000 | 21,251,000 | 21,445,000 | 21,949,000 |
| Total capital | 22,491,000 | 22,801,000 | 22,977,000 | 23,508,000 |
| Risk-weighted assets | 124,386,000 | 121,453,000 | 120,034,000 | 122,659,000 |