Call reports 2021
CITIZENS BANK, NATIONAL ASSOCIATION — 2021
What CITIZENS BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 120,762,000 | 124,228,000 | 126,321,000 | 132,460,000 |
| Total loans | 77,711,000 | 76,971,000 | 68,359,000 | 69,142,000 |
| Allowance for loan losses | 1,141,000 | 1,141,000 | 1,141,000 | 1,139,000 |
| Securities available for sale | 20,165,000 | 22,920,000 | 25,622,000 | 29,104,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,689,000 | 107,533,000 | 109,622,000 | 116,467,000 |
| Interest-bearing deposits | 54,197,000 | 54,375,000 | 54,250,000 | 55,478,000 |
| Noninterest-bearing deposits | 50,492,000 | 53,158,000 | 55,372,000 | 60,989,000 |
| Equity capital | 15,558,000 | 16,033,000 | 16,056,000 | 15,872,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,034,000 | 2,142,000 | 3,367,000 | 4,618,000 |
| Interest expense | 34,000 | 61,000 | 84,000 | 105,000 |
| Net interest income | 1,000,000 | 2,081,000 | 3,283,000 | 4,513,000 |
| Noninterest income | 107,000 | 215,000 | 313,000 | 408,000 |
| Noninterest expense | 639,000 | 1,318,000 | 1,998,000 | 2,661,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 468,000 | 978,000 | 1,596,000 | 2,258,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 468,000 | 978,000 | 1,596,000 | 2,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,427,000 | 10,937,000 | 10,955,000 | 10,966,000 |