Call reports 2014
CITIZENS BANK, NATIONAL ASSOCIATION — 2014
What CITIZENS BANK, NATIONAL ASSOCIATION 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 | 109,005,000 | 114,850,000 | 112,653,000 | 111,011,000 |
| Total loans | 70,817,000 | 73,156,000 | 74,757,000 | 73,865,000 |
| Allowance for loan losses | 1,053,000 | 1,067,000 | 1,083,000 | 1,143,000 |
| Securities available for sale | 20,282,000 | 20,538,000 | 20,763,000 | 20,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,474,000 | 89,537,000 | 91,616,000 | 90,031,000 |
| Interest-bearing deposits | 52,121,000 | 52,403,000 | 54,176,000 | 54,056,000 |
| Noninterest-bearing deposits | 31,354,000 | 37,133,000 | 37,440,000 | 35,975,000 |
| Equity capital | 12,855,000 | 13,054,000 | 13,737,000 | 13,896,000 |
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 | 1,006,000 | 2,013,000 | 3,071,000 | 4,191,000 |
| Interest expense | 26,000 | 50,000 | 74,000 | 95,000 |
| Net interest income | 980,000 | 1,963,000 | 2,997,000 | 4,096,000 |
| Noninterest income | 146,000 | 304,000 | 495,000 | 642,000 |
| Noninterest expense | 620,000 | 1,256,000 | 1,887,000 | 2,540,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 105,000 |
| Pretax income | 491,000 | 980,000 | 1,559,000 | 2,154,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 491,000 | 980,000 | 1,559,000 | 2,154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,726,000 | 8,895,000 | 9,474,000 | 9,669,000 |
| Total capital | 9,725,000 | 9,933,000 | 10,526,000 | 10,709,000 |
| Risk-weighted assets | 79,857,000 | 82,977,000 | 84,116,000 | 83,093,000 |