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 | 193,692,000 | 210,032,000 | 220,692,000 | 218,571,000 |
| Total loans | 147,868,000 | 148,353,000 | 148,858,000 | 140,688,000 |
| Allowance for loan losses | 1,708,000 | 2,073,000 | 2,087,000 | 1,972,000 |
| Securities available for sale | 0 | 0 | 205,000 | 205,000 |
| Securities held to maturity | 29,796,000 | 28,024,000 | 26,221,000 | 23,369,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,173,000 | 166,911,000 | 176,858,000 | 177,506,000 |
| Interest-bearing deposits | 107,733,000 | 102,826,000 | 102,835,000 | 107,970,000 |
| Noninterest-bearing deposits | 50,440,000 | 64,085,000 | 74,023,000 | 69,536,000 |
| Equity capital | 23,701,000 | 23,422,000 | 24,144,000 | 24,611,000 |
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 | 2,333,000 | 4,714,000 | 7,145,000 | 9,066,000 |
| Interest expense | 599,000 | 1,177,000 | 1,728,000 | 2,244,000 |
| Net interest income | 1,734,000 | 3,537,000 | 5,417,000 | 6,822,000 |
| Noninterest income | 94,000 | 185,000 | 284,000 | 600,000 |
| Noninterest expense | 1,176,000 | 2,303,000 | 3,470,000 | 4,586,000 |
| Provision for loan losses | 104,000 | 1,203,000 | 1,203,000 | 1,203,000 |
| Pretax income | 548,000 | 216,000 | 1,028,000 | 1,633,000 |
| Income tax | 68,000 | -220,000 | -130,000 | 8,000 |
| Net income | 480,000 | 436,000 | 1,158,000 | 1,625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,701,000 | 23,422,000 | 24,144,000 | 24,611,000 |