Call reports 2024
CITIZENS BANK — 2024
What CITIZENS BANK 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 | 1,235,366,000 | 1,228,015,000 | 1,230,444,000 | 1,267,989,000 |
| Total loans | 976,053,000 | 990,116,000 | 1,012,104,000 | 998,099,000 |
| Allowance for loan losses | 9,384,000 | 9,514,000 | 9,748,000 | 10,286,000 |
| Securities available for sale | 107,215,000 | 103,142,000 | 96,918,000 | 120,957,000 |
| Securities held to maturity | 56,600,000 | 64,156,000 | 64,165,000 | 64,172,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,050,511,000 | 1,021,715,000 | 1,035,158,000 | 1,079,279,000 |
| Interest-bearing deposits | 884,556,000 | 850,275,000 | 870,550,000 | 917,149,000 |
| Noninterest-bearing deposits | 165,955,000 | 171,440,000 | 164,608,000 | 162,130,000 |
| Equity capital | 168,016,000 | 170,334,000 | 171,332,000 | 169,565,000 |
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 | 19,304,000 | 38,921,000 | 58,956,000 | 79,103,000 |
| Interest expense | 7,493,000 | 15,152,000 | 22,865,000 | 30,382,000 |
| Net interest income | 11,811,000 | 23,769,000 | 36,091,000 | 48,721,000 |
| Noninterest income | 4,858,000 | 10,080,000 | 16,092,000 | 21,032,000 |
| Noninterest expense | 10,244,000 | 20,710,000 | 31,325,000 | 42,459,000 |
| Provision for loan losses | 131,000 | 576,000 | 1,410,000 | 2,630,000 |
| Pretax income | 6,262,000 | 12,510,000 | 19,491,000 | 24,636,000 |
| Income tax | 180,000 | 536,000 | 843,000 | 881,000 |
| Net income | 5,362,000 | 10,669,000 | 16,580,000 | 21,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 165,521,000 | 167,236,000 | 167,972,000 | 167,381,000 |
| Total capital | 174,975,000 | 176,830,000 | 177,786,000 | 177,732,000 |
| Risk-weighted assets | 1,086,064,000 | 1,091,760,000 | 1,095,041,000 | 1,094,921,000 |