Call reports 2020
CITIZENS BANK & TRUST COMPANY — 2020
What CITIZENS BANK & 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 | 420,431,000 | 459,186,000 | 452,367,000 | 467,389,000 |
| Total loans | 247,057,000 | 260,340,000 | 252,942,000 | 242,499,000 |
| Allowance for loan losses | 4,080,000 | 4,210,000 | 4,346,000 | 4,311,000 |
| Securities available for sale | 86,320,000 | 86,615,000 | 88,651,000 | 91,980,000 |
| Securities held to maturity | 43,925,000 | 42,891,000 | 42,641,000 | 40,096,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 349,704,000 | 392,263,000 | 386,687,000 | 403,422,000 |
| Interest-bearing deposits | 268,973,000 | 286,535,000 | 282,454,000 | 301,303,000 |
| Noninterest-bearing deposits | 80,731,000 | 105,728,000 | 104,233,000 | 102,119,000 |
| Equity capital | 55,950,000 | 56,231,000 | 57,981,000 | 56,977,000 |
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 | 4,485,000 | 9,288,000 | 13,630,000 | 17,798,000 |
| Interest expense | 643,000 | 1,142,000 | 1,533,000 | 1,852,000 |
| Net interest income | 3,842,000 | 8,146,000 | 12,097,000 | 15,946,000 |
| Noninterest income | 630,000 | 1,143,000 | 1,779,000 | 2,388,000 |
| Noninterest expense | 2,313,000 | 4,590,000 | 6,787,000 | 9,053,000 |
| Provision for loan losses | 45,000 | 185,000 | 375,000 | 465,000 |
| Pretax income | 2,114,000 | 4,514,000 | 6,714,000 | 8,816,000 |
| Income tax | 432,000 | 936,000 | 1,391,000 | 1,880,000 |
| Net income | 1,682,000 | 3,578,000 | 5,323,000 | 6,936,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,764,000 | 53,260,000 | 55,005,000 | 54,218,000 |