Call reports 2020
CITIZENS BANK — 2020
What CITIZENS BANK 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 | 905,388,000 | 1,047,531,000 | 1,050,810,000 | 1,057,365,000 |
| Total loans | 608,350,000 | 799,923,000 | 821,841,000 | 825,089,000 |
| Allowance for loan losses | 7,671,000 | 9,047,000 | 10,490,000 | 10,025,000 |
| Securities available for sale | 191,308,000 | 179,971,000 | 168,744,000 | 158,052,000 |
| Securities held to maturity | 11,409,000 | 11,412,000 | 11,416,000 | 11,419,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 723,857,000 | 795,820,000 | 854,684,000 | 881,618,000 |
| Interest-bearing deposits | 617,308,000 | 658,299,000 | 713,317,000 | 721,461,000 |
| Noninterest-bearing deposits | 106,549,000 | 137,521,000 | 141,367,000 | 160,157,000 |
| Equity capital | 115,556,000 | 119,233,000 | 120,411,000 | 121,385,000 |
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 | 10,359,000 | 22,755,000 | 33,872,000 | 45,149,000 |
| Interest expense | 1,911,000 | 3,482,000 | 4,933,000 | 6,203,000 |
| Net interest income | 8,448,000 | 19,273,000 | 28,939,000 | 38,946,000 |
| Noninterest income | 2,373,000 | 6,067,000 | 13,585,000 | 19,072,000 |
| Noninterest expense | 7,725,000 | 16,550,000 | 25,313,000 | 34,285,000 |
| Provision for loan losses | 1,806,000 | 3,380,000 | 4,914,000 | 5,537,000 |
| Pretax income | 1,325,000 | 5,536,000 | 12,494,000 | 18,660,000 |
| Income tax | -78,000 | -50,000 | 355,000 | 444,000 |
| Net income | 1,037,000 | 4,738,000 | 10,578,000 | 15,724,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,238,000 | 113,488,000 | 113,994,000 | 115,605,000 |
| Total capital | 116,909,000 | 122,499,000 | 124,484,000 | 125,552,000 |
| Risk-weighted assets | 704,152,000 | 720,917,000 | 898,869,000 | 795,696,000 |