Call reports 2020
CITIZENS BANK — 2020
What CITIZENS BANK 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 | 227,837,000 | 252,283,000 | 252,006,000 | 251,531,000 |
| Total loans | 193,594,000 | 207,904,000 | 198,073,000 | 193,568,000 |
| Allowance for loan losses | 4,746,000 | 4,614,000 | 3,193,000 | 3,753,000 |
| Securities available for sale | 16,682,000 | 16,227,000 | 17,162,000 | 16,772,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,312,000 | 210,139,000 | 210,186,000 | 209,011,000 |
| Interest-bearing deposits | 139,780,000 | 146,931,000 | 145,999,000 | 145,556,000 |
| Noninterest-bearing deposits | 46,531,000 | 63,208,000 | 64,186,000 | 63,455,000 |
| Equity capital | 27,658,000 | 28,466,000 | 28,907,000 | 29,654,000 |
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 | 2,612,000 | 5,125,000 | 7,634,000 | 10,170,000 |
| Interest expense | 515,000 | 1,014,000 | 1,499,000 | 1,931,000 |
| Net interest income | 2,097,000 | 4,111,000 | 6,135,000 | 8,239,000 |
| Noninterest income | 327,000 | 1,042,000 | 1,747,000 | 2,495,000 |
| Noninterest expense | 1,584,000 | 3,019,000 | 4,680,000 | 6,272,000 |
| Provision for loan losses | 260,000 | 660,000 | 960,000 | 1,260,000 |
| Pretax income | 580,000 | 1,474,000 | 2,242,000 | 3,202,000 |
| Income tax | 93,000 | 269,000 | 418,000 | 608,000 |
| Net income | 487,000 | 1,205,000 | 1,824,000 | 2,594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,631,000 | 28,349,000 | 28,803,000 | 29,572,000 |
| Total capital | 30,608,000 | 31,574,000 | 31,996,000 | 32,896,000 |
| Risk-weighted assets | 236,391,000 | 256,585,000 | 255,932,000 | 265,475,000 |