Call reports 2014
CITIZENS BANK — 2014
What CITIZENS BANK 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 | 626,308,000 | 642,193,000 | 653,297,000 | 668,596,000 |
| Total loans | 374,992,000 | 392,757,000 | 416,094,000 | 433,881,000 |
| Allowance for loan losses | 4,844,000 | 4,668,000 | 4,638,000 | 3,510,000 |
| Securities available for sale | 193,060,000 | 203,521,000 | 203,184,000 | 199,057,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 514,339,000 | 500,062,000 | 496,798,000 | 505,924,000 |
| Interest-bearing deposits | 452,313,000 | 436,116,000 | 427,541,000 | 444,648,000 |
| Noninterest-bearing deposits | 62,026,000 | 63,946,000 | 69,257,000 | 61,276,000 |
| Equity capital | 88,148,000 | 91,244,000 | 93,651,000 | 90,793,000 |
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 | 6,070,000 | 12,156,000 | 18,315,000 | 24,351,000 |
| Interest expense | 518,000 | 1,019,000 | 1,521,000 | 2,021,000 |
| Net interest income | 5,552,000 | 11,137,000 | 16,794,000 | 22,330,000 |
| Noninterest income | 1,063,000 | 2,106,000 | 3,299,000 | 4,441,000 |
| Noninterest expense | 3,920,000 | 7,978,000 | 11,988,000 | 16,236,000 |
| Provision for loan losses | 1,000 | 21,000 | 36,000 | -428,000 |
| Pretax income | 2,700,000 | 5,313,000 | 8,179,000 | 11,094,000 |
| Income tax | 176,000 | 347,000 | 514,000 | 683,000 |
| Net income | 2,524,000 | 4,966,000 | 7,665,000 | 10,411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,781,000 | 83,998,000 | 85,440,000 | 82,374,000 |
| Total capital | 86,687,000 | 87,899,000 | 89,321,000 | 85,884,000 |
| Risk-weighted assets | 311,560,000 | 311,350,000 | 309,727,000 | 297,950,000 |