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 | 190,781,000 | 202,822,000 | 213,626,000 | 206,617,000 |
| Total loans | 121,106,000 | 134,051,000 | 135,569,000 | 126,389,000 |
| Allowance for loan losses | 720,000 | 751,000 | 781,000 | 810,000 |
| Securities available for sale | 12,704,000 | 11,416,000 | 9,838,000 | 7,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,556,000 | 177,131,000 | 188,551,000 | 182,256,000 |
| Interest-bearing deposits | 126,092,000 | 131,713,000 | 140,664,000 | 142,624,000 |
| Noninterest-bearing deposits | 38,464,000 | 45,418,000 | 47,887,000 | 39,632,000 |
| Equity capital | 18,738,000 | 19,013,000 | 19,255,000 | 19,443,000 |
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 | 2,007,000 | 3,993,000 | 5,982,000 | 7,895,000 |
| Interest expense | 390,000 | 652,000 | 888,000 | 1,086,000 |
| Net interest income | 1,617,000 | 3,341,000 | 5,094,000 | 6,809,000 |
| Noninterest income | 114,000 | 236,000 | 369,000 | 510,000 |
| Noninterest expense | 874,000 | 1,856,000 | 2,805,000 | 3,959,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 827,000 | 1,661,000 | 2,568,000 | 3,240,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 827,000 | 1,661,000 | 2,568,000 | 3,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,526,000 | 18,795,000 | 19,072,000 | 19,294,000 |
| Total capital | 19,246,000 | 19,546,000 | 19,853,000 | 20,104,000 |
| Risk-weighted assets | 143,400,000 | 146,366,000 | 150,920,000 | 143,615,000 |