Call reports 2023
CITIZENS' BANK, INC. — 2023
What CITIZENS' BANK, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 152,796,000 | 149,471,000 | 158,992,000 | 158,324,000 |
| Total loans | 72,875,000 | 72,076,000 | 80,041,000 | 79,134,000 |
| Allowance for loan losses | 855,000 | 851,000 | 853,000 | 914,000 |
| Securities available for sale | 38,632,000 | 37,302,000 | 35,563,000 | 37,283,000 |
| Securities held to maturity | 17,814,000 | 17,834,000 | 17,854,000 | 17,874,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,203,000 | 135,833,000 | 149,165,000 | 146,967,000 |
| Interest-bearing deposits | 90,641,000 | 89,564,000 | 105,189,000 | 104,502,000 |
| Noninterest-bearing deposits | 51,562,000 | 46,268,000 | 43,976,000 | 42,465,000 |
| Equity capital | 10,108,000 | 9,901,000 | 9,296,000 | 10,860,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,498,000 | 3,072,000 | 4,705,000 | 6,504,000 |
| Interest expense | 367,000 | 868,000 | 1,472,000 | 2,218,000 |
| Net interest income | 1,131,000 | 2,204,000 | 3,233,000 | 4,286,000 |
| Noninterest income | 271,000 | 411,000 | 522,000 | 648,000 |
| Noninterest expense | 920,000 | 1,905,000 | 2,892,000 | 3,847,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 294,000 | 522,000 | 675,000 | 824,000 |
| Income tax | 28,000 | 56,000 | 83,000 | 18,000 |
| Net income | 266,000 | 466,000 | 592,000 | 806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,671,000 | 14,872,000 | 14,996,000 | 15,124,000 |