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 | 133,368,000 | 134,532,000 | 136,850,000 | 147,096,000 |
| Total loans | 86,050,000 | 90,936,000 | 96,052,000 | 98,047,000 |
| Allowance for loan losses | 64,000 | 62,000 | 136,000 | 136,000 |
| Securities available for sale | 13,574,000 | 13,119,000 | 12,570,000 | 12,168,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,900,000 | 118,147,000 | 119,711,000 | 129,943,000 |
| Interest-bearing deposits | 94,485,000 | 95,696,000 | 96,325,000 | 97,282,000 |
| Noninterest-bearing deposits | 21,415,000 | 22,451,000 | 23,386,000 | 32,661,000 |
| Equity capital | 12,503,000 | 12,609,000 | 12,608,000 | 12,893,000 |
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 | 1,366,000 | 2,716,000 | 4,174,000 | 5,678,000 |
| Interest expense | 137,000 | 279,000 | 422,000 | 568,000 |
| Net interest income | 1,229,000 | 2,437,000 | 3,752,000 | 5,110,000 |
| Noninterest income | 98,000 | 212,000 | 322,000 | 433,000 |
| Noninterest expense | 855,000 | 1,659,000 | 2,547,000 | 3,489,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 75,000 |
| Pretax income | 472,000 | 990,000 | 1,452,000 | 1,979,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 472,000 | 990,000 | 1,452,000 | 1,979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,466,000 | 12,479,000 | 12,511,000 | 12,758,000 |
| Total capital | 12,530,000 | 12,541,000 | 12,647,000 | 12,894,000 |
| Risk-weighted assets | 98,550,000 | 102,606,000 | 107,496,000 | 111,124,000 |