Call reports 2024
CITIZENS BANK, NATIONAL ASSOCIATION — 2024
What CITIZENS BANK, NATIONAL ASSOCIATION 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 | 133,154,000 | 131,029,000 | 130,133,000 | 129,840,000 |
| Total loans | 77,852,000 | 73,604,000 | 74,609,000 | 73,870,000 |
| Allowance for loan losses | 1,122,000 | 1,123,000 | 1,169,000 | 1,160,000 |
| Securities available for sale | 43,027,000 | 42,326,000 | 42,343,000 | 41,637,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,683,000 | 116,619,000 | 114,369,000 | 114,963,000 |
| Interest-bearing deposits | 77,317,000 | 75,669,000 | 72,076,000 | 72,977,000 |
| Noninterest-bearing deposits | 39,366,000 | 40,950,000 | 42,293,000 | 41,986,000 |
| Equity capital | 14,484,000 | 13,972,000 | 14,951,000 | 14,572,000 |
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 | 1,647,000 | 3,138,000 | 4,684,000 | 6,375,000 |
| Interest expense | 626,000 | 1,238,000 | 1,823,000 | 2,388,000 |
| Net interest income | 1,021,000 | 1,900,000 | 2,861,000 | 3,987,000 |
| Noninterest income | 92,000 | 188,000 | 289,000 | 389,000 |
| Noninterest expense | 859,000 | 1,633,000 | 2,270,000 | 2,988,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 254,000 | 454,000 | 879,000 | 1,387,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 254,000 | 454,000 | 879,000 | 1,387,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,263,000 | 12,264,000 | 12,439,000 | 12,446,000 |
| Total capital | 13,385,000 | 13,387,000 | 13,608,000 | 13,606,000 |
| Risk-weighted assets | 99,138,000 | 95,835,000 | 97,031,000 | 95,143,000 |