Call reports 2020
CITIZENS BANK, NATIONAL ASSOCIATION — 2020
What CITIZENS BANK, NATIONAL ASSOCIATION 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 | 104,998,000 | 117,958,000 | 123,006,000 | 117,005,000 |
| Total loans | 72,783,000 | 84,265,000 | 88,776,000 | 76,759,000 |
| Allowance for loan losses | 1,150,000 | 1,151,000 | 1,131,000 | 1,140,000 |
| Securities available for sale | 19,733,000 | 21,122,000 | 19,396,000 | 20,527,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,862,000 | 94,665,000 | 99,432,000 | 101,122,000 |
| Interest-bearing deposits | 52,666,000 | 55,103,000 | 56,252,000 | 58,764,000 |
| Noninterest-bearing deposits | 34,196,000 | 39,562,000 | 43,180,000 | 42,358,000 |
| Equity capital | 13,792,000 | 15,522,000 | 15,777,000 | 15,725,000 |
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 | 1,144,000 | 2,306,000 | 3,525,000 | 5,034,000 |
| Interest expense | 113,000 | 182,000 | 238,000 | 279,000 |
| Net interest income | 1,031,000 | 2,124,000 | 3,287,000 | 4,755,000 |
| Noninterest income | 94,000 | 175,000 | 262,000 | 358,000 |
| Noninterest expense | 660,000 | 1,315,000 | 1,996,000 | 2,655,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 637,000 | 1,156,000 | 1,723,000 | 2,578,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 637,000 | 1,156,000 | 1,723,000 | 2,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,047,000 | 10,316,000 | 10,423,000 | 10,379,000 |