FACTANKER · measured, cited, anchored official records connected

Call reports 2023

CITIZENS BANK — 2023

What CITIZENS BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/94960fac-0d0b-498a-a433-5555fbc04227/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets225,034,000217,304,000230,311,000236,135,000
Total loans149,820,000159,310,000165,882,000155,119,000
Allowance for loan losses1,074,0001,105,0001,135,0001,163,000
Securities available for sale30,367,00024,778,00024,354,00026,620,000
Securities held to maturity0000
Trading assets0000
Total deposits196,264,000187,766,000199,828,000206,354,000
Interest-bearing deposits141,689,000139,017,000144,011,000153,920,000
Noninterest-bearing deposits54,575,00048,749,00055,817,00052,434,000
Equity capital20,797,00021,205,00021,697,00022,904,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income3,148,0006,709,00010,528,00014,608,000
Interest expense825,0001,888,0003,066,0004,400,000
Net interest income2,323,0004,821,0007,462,00010,208,000
Noninterest income91,000206,000314,000422,000
Noninterest expense1,188,0002,290,0003,521,0004,847,000
Provision for loan losses30,00060,00090,000120,000
Pretax income1,196,0002,677,0004,165,0005,663,000
Income tax0000
Net income1,196,0002,677,0004,165,0005,663,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital22,635,00023,241,00023,794,00024,408,000
Total capital23,709,00024,345,00024,929,00025,570,000
Risk-weighted assets153,869,000171,425,000179,657,000169,490,000