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 | 627,814,000 | 632,600,000 | 624,246,000 | 647,988,000 |
| Total loans | 381,330,000 | 392,911,000 | 402,117,000 | 416,113,000 |
| Allowance for loan losses | 5,282,000 | 5,320,000 | 5,411,000 | 5,560,000 |
| Securities available for sale | 203,993,000 | 201,815,000 | 180,680,000 | 189,639,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 571,635,000 | 576,986,000 | 573,976,000 | 588,860,000 |
| Interest-bearing deposits | 421,772,000 | 434,404,000 | 436,609,000 | 460,874,000 |
| Noninterest-bearing deposits | 149,863,000 | 142,581,000 | 137,367,000 | 127,986,000 |
| Equity capital | 54,054,000 | 53,423,000 | 47,851,000 | 57,347,000 |
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 | 6,192,000 | 12,641,000 | 19,330,000 | 26,317,000 |
| Interest expense | 763,000 | 1,913,000 | 3,882,000 | 6,283,000 |
| Net interest income | 5,429,000 | 10,728,000 | 15,448,000 | 20,034,000 |
| Noninterest income | 1,076,000 | 2,039,000 | 2,937,000 | 3,886,000 |
| Noninterest expense | 4,362,000 | 8,813,000 | 13,334,000 | 17,486,000 |
| Provision for loan losses | 84,000 | 152,000 | 238,000 | 408,000 |
| Pretax income | 2,262,000 | 4,005,000 | 5,080,000 | 6,334,000 |
| Income tax | 367,000 | 601,000 | 669,000 | 786,000 |
| Net income | 1,895,000 | 3,404,000 | 4,411,000 | 5,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,053,000 | 61,804,000 | 62,455,000 | 63,237,000 |
| Total capital | 66,335,000 | 67,124,000 | 67,866,000 | 68,797,000 |
| Risk-weighted assets | 466,461,000 | 469,142,000 | 471,900,000 | 482,400,000 |