Call reports 2023
CITIZENS BANK — 2023
What CITIZENS BANK 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 | 1,209,828,000 | 1,165,624,000 | 1,173,644,000 | 1,215,912,000 |
| Total loans | 1,003,776,000 | 978,910,000 | 963,768,000 | 972,740,000 |
| Allowance for loan losses | 10,081,000 | 9,946,000 | 9,908,000 | 9,316,000 |
| Securities available for sale | 91,077,000 | 84,334,000 | 98,087,000 | 112,022,000 |
| Securities held to maturity | 46,463,000 | 46,469,000 | 47,291,000 | 56,201,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 984,199,000 | 983,966,000 | 989,079,000 | 1,031,277,000 |
| Interest-bearing deposits | 796,724,000 | 801,196,000 | 809,950,000 | 865,247,000 |
| Noninterest-bearing deposits | 187,475,000 | 182,770,000 | 179,129,000 | 166,030,000 |
| Equity capital | 160,908,000 | 166,336,000 | 165,599,000 | 166,266,000 |
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 | 17,491,000 | 36,126,000 | 54,541,000 | 73,656,000 |
| Interest expense | 4,571,000 | 10,752,000 | 16,365,000 | 23,220,000 |
| Net interest income | 12,920,000 | 25,374,000 | 38,176,000 | 50,436,000 |
| Noninterest income | 5,157,000 | 10,744,000 | 15,723,000 | 18,839,000 |
| Noninterest expense | 9,956,000 | 19,881,000 | 30,107,000 | 39,973,000 |
| Provision for loan losses | 78,000 | 764,000 | 963,000 | 1,141,000 |
| Pretax income | 8,087,000 | 15,483,000 | 22,772,000 | 28,212,000 |
| Income tax | 352,000 | 650,000 | 782,000 | 676,000 |
| Net income | 7,051,000 | 13,067,000 | 19,532,000 | 24,878,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 157,880,000 | 163,819,000 | 164,276,000 | 163,082,000 |
| Total capital | 167,996,000 | 173,838,000 | 174,255,000 | 172,465,000 |
| Risk-weighted assets | 1,209,709,000 | 1,142,822,000 | 1,122,786,000 | 1,081,160,000 |