Call reports 2021
CITIZENS' BANK, INC. — 2021
What CITIZENS' BANK, INC. 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 | 132,282,000 | 132,005,000 | 135,124,000 | 140,531,000 |
| Total loans | 80,343,000 | 77,951,000 | 71,088,000 | 72,483,000 |
| Allowance for loan losses | 1,274,000 | 1,276,000 | 1,339,000 | 1,340,000 |
| Securities available for sale | 33,065,000 | 38,243,000 | 44,976,000 | 48,021,000 |
| Securities held to maturity | 515,000 | 515,000 | 515,000 | 515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,306,000 | 116,581,000 | 119,537,000 | 124,976,000 |
| Interest-bearing deposits | 67,606,000 | 64,900,000 | 67,691,000 | 72,939,000 |
| Noninterest-bearing deposits | 49,700,000 | 51,681,000 | 51,845,000 | 52,036,000 |
| Equity capital | 14,339,000 | 14,776,000 | 14,923,000 | 15,048,000 |
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 | 1,101,000 | 2,178,000 | 3,229,000 | 4,275,000 |
| Interest expense | 49,000 | 95,000 | 149,000 | 191,000 |
| Net interest income | 1,052,000 | 2,083,000 | 3,080,000 | 4,084,000 |
| Noninterest income | 293,000 | 492,000 | 631,000 | 753,000 |
| Noninterest expense | 928,000 | 1,863,000 | 2,797,000 | 3,621,000 |
| Provision for loan losses | 93,000 | 93,000 | 93,000 | 93,000 |
| Pretax income | 324,000 | 631,000 | 833,000 | 1,135,000 |
| Income tax | 5,000 | 23,000 | 52,000 | 35,000 |
| Net income | 319,000 | 608,000 | 781,000 | 1,100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,235,000 | 14,527,000 | 14,698,000 | 14,986,000 |