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 | 203,806,000 | 213,748,000 | 235,883,000 | 246,317,000 |
| Total loans | 176,739,000 | 180,923,000 | 188,886,000 | 198,275,000 |
| Allowance for loan losses | 2,099,000 | 2,098,000 | 2,082,000 | 2,066,000 |
| Securities available for sale | 9,816,000 | 9,640,000 | 15,055,000 | 19,299,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 174,857,000 | 182,769,000 | 206,661,000 | 219,266,000 |
| Interest-bearing deposits | 148,681,000 | 157,341,000 | 182,701,000 | 192,267,000 |
| Noninterest-bearing deposits | 26,176,000 | 25,428,000 | 23,960,000 | 26,999,000 |
| Equity capital | 16,877,000 | 17,149,000 | 17,862,000 | 17,640,000 |
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 | 2,706,000 | 5,466,000 | 8,634,000 | 12,215,000 |
| Interest expense | 942,000 | 1,956,000 | 3,194,000 | 4,611,000 |
| Net interest income | 1,764,000 | 3,510,000 | 5,440,000 | 7,604,000 |
| Noninterest income | 299,000 | 591,000 | 917,000 | 1,246,000 |
| Noninterest expense | 1,616,000 | 3,225,000 | 4,841,000 | 6,571,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 447,000 | 876,000 | 1,516,000 | 2,279,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 447,000 | 876,000 | 1,516,000 | 2,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,250,000 | 17,484,000 | 17,987,000 | 17,925,000 |
| Total capital | 19,184,000 | 19,457,000 | 20,063,000 | 19,991,000 |
| Risk-weighted assets | 154,579,000 | 157,758,000 | 166,095,000 | 168,924,000 |