Call reports 2024
CITIZENS BANK — 2024
What CITIZENS BANK 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 | 326,041,000 | 318,821,000 | 330,617,000 | 324,017,000 |
| Total loans | 288,688,000 | 288,757,000 | 297,216,000 | 297,289,000 |
| Allowance for loan losses | 4,851,000 | 4,894,000 | 4,927,000 | 4,979,000 |
| Securities available for sale | 7,858,000 | 7,832,000 | 8,695,000 | 7,576,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 282,201,000 | 273,790,000 | 284,468,000 | 278,377,000 |
| Interest-bearing deposits | 210,768,000 | 204,498,000 | 212,029,000 | 206,952,000 |
| Noninterest-bearing deposits | 71,433,000 | 69,292,000 | 72,439,000 | 71,425,000 |
| Equity capital | 39,765,000 | 40,617,000 | 41,447,000 | 42,139,000 |
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 | 4,520,000 | 9,209,000 | 14,007,000 | 18,859,000 |
| Interest expense | 1,573,000 | 3,207,000 | 4,859,000 | 6,471,000 |
| Net interest income | 2,947,000 | 6,002,000 | 9,148,000 | 12,388,000 |
| Noninterest income | 221,000 | 447,000 | 720,000 | 964,000 |
| Noninterest expense | 2,167,000 | 4,312,000 | 6,705,000 | 9,223,000 |
| Provision for loan losses | 0 | 40,000 | 70,000 | 120,000 |
| Pretax income | 1,020,000 | 2,107,000 | 3,098,000 | 4,002,000 |
| Income tax | 211,000 | 441,000 | 639,000 | 819,000 |
| Net income | 809,000 | 1,666,000 | 2,459,000 | 3,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,867,000 | 40,724,000 | 41,517,000 | 42,241,000 |
| Total capital | 43,717,000 | 44,619,000 | 45,636,000 | 46,220,000 |
| Risk-weighted assets | 306,916,000 | 310,512,000 | 328,608,000 | 317,237,000 |