Call reports 2020
CITIZENS' BANK, INC. — 2020
What CITIZENS' BANK, INC. 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 | 114,197,000 | 126,181,000 | 128,852,000 | 130,270,000 |
| Total loans | 75,835,000 | 84,141,000 | 84,714,000 | 81,395,000 |
| Allowance for loan losses | 950,000 | 944,000 | 1,076,000 | 1,182,000 |
| Securities available for sale | 19,671,000 | 21,217,000 | 31,184,000 | 37,377,000 |
| Securities held to maturity | 516,000 | 516,000 | 515,000 | 515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,716,000 | 109,254,000 | 109,457,000 | 106,570,000 |
| Interest-bearing deposits | 59,469,000 | 62,239,000 | 63,548,000 | 62,912,000 |
| Noninterest-bearing deposits | 40,246,000 | 47,016,000 | 45,909,000 | 43,658,000 |
| Equity capital | 13,793,000 | 14,228,000 | 14,187,000 | 14,553,000 |
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 | 1,188,000 | 2,256,000 | 3,356,000 | 4,464,000 |
| Interest expense | 112,000 | 182,000 | 243,000 | 296,000 |
| Net interest income | 1,076,000 | 2,074,000 | 3,113,000 | 4,168,000 |
| Noninterest income | 129,000 | 468,000 | 417,000 | 540,000 |
| Noninterest expense | 1,005,000 | 2,083,000 | 2,990,000 | 3,827,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 254,000 |
| Pretax income | 200,000 | 459,000 | 390,000 | 627,000 |
| Income tax | 5,000 | 10,000 | 15,000 | 2,000 |
| Net income | 195,000 | 449,000 | 375,000 | 625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,445,000 | 13,520,000 | 13,412,000 | 14,049,000 |