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 | 241,881,000 | 240,762,000 | 246,958,000 | 256,195,000 |
| Total loans | 164,090,000 | 170,816,000 | 172,613,000 | 164,634,000 |
| Allowance for loan losses | 1,193,000 | 1,223,000 | 1,251,000 | 1,282,000 |
| Securities available for sale | 23,604,000 | 18,138,000 | 20,135,000 | 19,770,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,967,000 | 209,125,000 | 214,406,000 | 225,488,000 |
| Interest-bearing deposits | 160,465,000 | 161,887,000 | 164,716,000 | 174,928,000 |
| Noninterest-bearing deposits | 49,502,000 | 47,238,000 | 49,690,000 | 50,560,000 |
| Equity capital | 23,564,000 | 24,459,000 | 25,746,000 | 25,836,000 |
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 | 4,190,000 | 8,650,000 | 13,266,000 | 17,756,000 |
| Interest expense | 1,385,000 | 2,862,000 | 4,427,000 | 6,000,000 |
| Net interest income | 2,805,000 | 5,788,000 | 8,839,000 | 11,756,000 |
| Noninterest income | 118,000 | 252,000 | 374,000 | 483,000 |
| Noninterest expense | 1,259,000 | 2,497,000 | 3,808,000 | 5,130,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 1,634,000 | 3,483,000 | 5,315,000 | 6,989,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,634,000 | 3,483,000 | 5,315,000 | 6,989,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,102,000 | 25,863,000 | 26,545,000 | 27,139,000 |
| Total capital | 26,294,000 | 27,086,000 | 27,796,000 | 28,421,000 |
| Risk-weighted assets | 177,025,000 | 188,525,000 | 190,441,000 | 179,939,000 |