Call reports 2023
CITIZENS BANK & TRUST COMPANY — 2023
What CITIZENS BANK & TRUST COMPANY 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 | 529,181,000 | 523,416,000 | 511,643,000 | 521,498,000 |
| Total loans | 260,173,000 | 270,238,000 | 275,085,000 | 279,845,000 |
| Allowance for loan losses | 5,317,000 | 4,804,000 | 4,815,000 | 4,838,000 |
| Securities available for sale | 151,963,000 | 146,661,000 | 139,918,000 | 140,530,000 |
| Securities held to maturity | 27,064,000 | 25,708,000 | 25,870,000 | 25,803,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 475,703,000 | 471,730,000 | 459,487,000 | 467,317,000 |
| Interest-bearing deposits | 348,717,000 | 346,085,000 | 343,674,000 | 354,018,000 |
| Noninterest-bearing deposits | 126,986,000 | 125,645,000 | 115,813,000 | 113,299,000 |
| Equity capital | 51,120,000 | 49,435,000 | 49,826,000 | 52,306,000 |
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 | 5,437,000 | 11,121,000 | 16,917,000 | 22,955,000 |
| Interest expense | 1,116,000 | 2,496,000 | 4,076,000 | 5,837,000 |
| Net interest income | 4,321,000 | 8,625,000 | 12,841,000 | 17,118,000 |
| Noninterest income | 712,000 | 1,419,000 | 2,037,000 | 2,710,000 |
| Noninterest expense | 2,504,000 | 4,911,000 | 7,275,000 | 9,816,000 |
| Provision for loan losses | 40,000 | 167,000 | 220,000 | 272,000 |
| Pretax income | 2,489,000 | 4,948,000 | 7,358,000 | 9,717,000 |
| Income tax | 579,000 | 1,118,000 | 1,636,000 | 2,119,000 |
| Net income | 1,910,000 | 3,830,000 | 5,722,000 | 7,598,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,831,000 | 59,551,000 | 61,443,000 | 60,520,000 |