Call reports 2014
CITIZENS' BANK, INC. — 2014
What CITIZENS' BANK, INC. 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 | 98,892,000 | 97,705,000 | 97,481,000 | 96,173,000 |
| Total loans | 65,845,000 | 66,311,000 | 66,792,000 | 65,778,000 |
| Allowance for loan losses | 1,146,000 | 1,164,000 | 1,169,000 | 1,131,000 |
| Securities available for sale | 15,930,000 | 14,993,000 | 16,868,000 | 17,251,000 |
| Securities held to maturity | 1,600,000 | 1,600,000 | 1,600,000 | 1,599,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,597,000 | 86,336,000 | 86,015,000 | 84,639,000 |
| Interest-bearing deposits | 65,520,000 | 63,479,000 | 62,893,000 | 61,479,000 |
| Noninterest-bearing deposits | 22,077,000 | 22,857,000 | 23,122,000 | 23,160,000 |
| Equity capital | 10,770,000 | 10,821,000 | 10,928,000 | 11,026,000 |
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 | 966,000 | 1,938,000 | 2,917,000 | 3,889,000 |
| Interest expense | 79,000 | 135,000 | 190,000 | 243,000 |
| Net interest income | 887,000 | 1,803,000 | 2,727,000 | 3,646,000 |
| Noninterest income | 141,000 | 279,000 | 390,000 | 515,000 |
| Noninterest expense | 911,000 | 1,909,000 | 2,848,000 | 3,859,000 |
| Provision for loan losses | 76,000 | 122,000 | 124,000 | 123,000 |
| Pretax income | 49,000 | 67,000 | 161,000 | 200,000 |
| Income tax | 4,000 | 7,000 | 9,000 | -10,000 |
| Net income | 45,000 | 60,000 | 152,000 | 210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,753,000 | 10,768,000 | 10,859,000 | 10,881,000 |
| Total capital | 11,604,000 | 11,614,000 | 11,697,000 | 11,711,000 |
| Risk-weighted assets | 67,811,000 | 67,349,000 | 66,709,000 | 66,125,000 |