Call reports 2024
CITIZENS' BANK, INC. — 2024
What CITIZENS' BANK, INC. 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 | 155,455,000 | 152,985,000 | 149,313,000 | 151,433,000 |
| Total loans | 78,280,000 | 79,522,000 | 77,370,000 | 79,113,000 |
| Allowance for loan losses | 911,000 | 910,000 | 890,000 | 889,000 |
| Securities available for sale | 36,019,000 | 35,505,000 | 36,182,000 | 39,182,000 |
| Securities held to maturity | 17,893,000 | 17,910,000 | 17,927,000 | 17,944,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,507,000 | 141,540,000 | 136,513,000 | 139,441,000 |
| Interest-bearing deposits | 95,934,000 | 97,862,000 | 96,867,000 | 97,639,000 |
| Noninterest-bearing deposits | 48,573,000 | 43,678,000 | 39,646,000 | 41,802,000 |
| Equity capital | 10,467,000 | 10,927,000 | 12,165,000 | 11,495,000 |
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 | 1,758,000 | 3,527,000 | 5,278,000 | 7,034,000 |
| Interest expense | 729,000 | 1,404,000 | 2,078,000 | 2,718,000 |
| Net interest income | 1,029,000 | 2,123,000 | 3,200,000 | 4,316,000 |
| Noninterest income | 128,000 | 185,000 | 233,000 | 271,000 |
| Noninterest expense | 1,044,000 | 2,000,000 | 2,885,000 | 3,810,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 30,000 |
| Pretax income | 113,000 | 308,000 | 518,000 | 747,000 |
| Income tax | 28,000 | 56,000 | 83,000 | 2,000 |
| Net income | 85,000 | 252,000 | 435,000 | 745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,110,000 | 15,276,000 | 15,460,000 | 15,769,000 |