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 | 511,731,000 | 563,678,000 | 576,268,000 | 588,830,000 |
| Total loans | 353,161,000 | 388,387,000 | 382,851,000 | 379,791,000 |
| Allowance for loan losses | 4,687,000 | 4,778,000 | 4,866,000 | 4,709,000 |
| Securities available for sale | 103,149,000 | 103,820,000 | 105,625,000 | 107,102,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 451,191,000 | 500,422,000 | 512,003,000 | 523,001,000 |
| Interest-bearing deposits | 343,052,000 | 377,367,000 | 381,905,000 | 395,056,000 |
| Noninterest-bearing deposits | 108,139,000 | 123,055,000 | 130,098,000 | 127,945,000 |
| Equity capital | 58,132,000 | 59,948,000 | 61,502,000 | 62,446,000 |
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 | 4,632,000 | 9,300,000 | 14,083,000 | 18,793,000 |
| Interest expense | 477,000 | 842,000 | 1,219,000 | 1,583,000 |
| Net interest income | 4,155,000 | 8,458,000 | 12,864,000 | 17,210,000 |
| Noninterest income | 1,104,000 | 2,159,000 | 3,603,000 | 4,511,000 |
| Noninterest expense | 3,640,000 | 7,217,000 | 11,018,000 | 14,722,000 |
| Provision for loan losses | 42,000 | 171,000 | 281,000 | 225,000 |
| Pretax income | 1,577,000 | 3,229,000 | 5,168,000 | 6,774,000 |
| Income tax | 332,000 | 681,000 | 1,102,000 | 1,432,000 |
| Net income | 1,245,000 | 2,548,000 | 4,066,000 | 5,342,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,600,000 | 54,623,000 | 55,880,000 | 56,836,000 |
| Total capital | 58,287,000 | 59,401,000 | 60,746,000 | 61,545,000 |
| Risk-weighted assets | 390,504,000 | 404,326,000 | 402,489,000 | 397,653,000 |