Call reports 2024
CITIZENS BANK & TRUST COMPANY — 2024
What CITIZENS BANK & TRUST COMPANY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 522,733,000 | 535,916,000 | 529,134,000 | 532,753,000 |
| Total loans | 281,688,000 | 286,909,000 | 285,208,000 | 305,910,000 |
| Allowance for loan losses | 4,900,000 | 5,081,000 | 5,063,000 | 4,615,000 |
| Securities available for sale | 134,011,000 | 129,563,000 | 130,449,000 | 121,434,000 |
| Securities held to maturity | 24,973,000 | 24,143,000 | 24,046,000 | 23,713,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 466,645,000 | 480,001,000 | 468,780,000 | 476,182,000 |
| Interest-bearing deposits | 350,976,000 | 366,805,000 | 358,498,000 | 366,827,000 |
| Noninterest-bearing deposits | 115,669,000 | 113,196,000 | 110,282,000 | 109,355,000 |
| Equity capital | 53,573,000 | 53,320,000 | 57,873,000 | 54,665,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,038,000 | 12,538,000 | 19,100,000 | 25,817,000 |
| Interest expense | 1,885,000 | 3,932,000 | 6,281,000 | 8,639,000 |
| Net interest income | 4,153,000 | 8,606,000 | 12,819,000 | 17,178,000 |
| Noninterest income | 652,000 | 1,364,000 | 2,092,000 | 2,838,000 |
| Noninterest expense | 2,456,000 | 5,039,000 | 7,768,000 | 10,510,000 |
| Provision for loan losses | 86,000 | 332,000 | 401,000 | 566,000 |
| Pretax income | 2,249,000 | 4,656,000 | 6,788,000 | 9,091,000 |
| Income tax | 487,000 | 992,000 | 1,451,000 | 1,962,000 |
| Net income | 1,762,000 | 3,664,000 | 5,337,000 | 7,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,282,000 | 61,684,000 | 63,357,000 | 62,648,000 |