Call reports 2020
CITIZENS BANK AND TRUST COMPANY — 2020
What CITIZENS BANK AND TRUST COMPANY 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 | 336,841,000 | 367,203,000 | 370,994,000 | 378,022,000 |
| Total loans | 249,847,000 | 281,537,000 | 283,361,000 | 274,441,000 |
| Allowance for loan losses | 4,925,000 | 5,058,000 | 5,101,000 | 4,889,000 |
| Securities available for sale | 18,495,000 | 17,823,000 | 17,851,000 | 16,794,000 |
| Securities held to maturity | 9,584,000 | 9,733,000 | 9,924,000 | 10,112,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 287,824,000 | 316,410,000 | 311,997,000 | 328,894,000 |
| Interest-bearing deposits | 213,459,000 | 212,648,000 | 204,964,000 | 220,626,000 |
| Noninterest-bearing deposits | 74,365,000 | 103,762,000 | 107,033,000 | 108,268,000 |
| Equity capital | 36,932,000 | 37,489,000 | 37,984,000 | 38,551,000 |
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 | 3,547,000 | 6,913,000 | 10,370,000 | 14,014,000 |
| Interest expense | 587,000 | 1,044,000 | 1,422,000 | 1,727,000 |
| Net interest income | 2,960,000 | 5,869,000 | 8,948,000 | 12,287,000 |
| Noninterest income | 381,000 | 646,000 | 947,000 | 1,114,000 |
| Noninterest expense | 2,161,000 | 4,483,000 | 6,650,000 | 8,754,000 |
| Provision for loan losses | 150,000 | 375,000 | 600,000 | 825,000 |
| Pretax income | 1,030,000 | 1,657,000 | 2,645,000 | 3,822,000 |
| Income tax | 237,000 | 407,000 | 588,000 | 779,000 |
| Net income | 793,000 | 1,250,000 | 2,057,000 | 3,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,317,000 | 39,674,000 | 40,172,000 | 40,957,000 |
| Total capital | 42,622,000 | 43,455,000 | 43,977,000 | 44,665,000 |
| Risk-weighted assets | 262,823,000 | 301,222,000 | 303,132,000 | 295,474,000 |