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 | 231,197,000 | 235,474,000 | 239,076,000 | 245,078,000 |
| Total loans | 114,083,000 | 124,046,000 | 135,313,000 | 140,849,000 |
| Allowance for loan losses | 1,379,000 | 1,379,000 | 1,380,000 | 1,381,000 |
| Securities available for sale | 82,030,000 | 78,181,000 | 75,625,000 | 76,726,000 |
| Securities held to maturity | 11,534,000 | 12,790,000 | 11,107,000 | 10,771,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,314,000 | 204,512,000 | 190,768,000 | 182,789,000 |
| Interest-bearing deposits | 170,347,000 | 174,912,000 | 168,246,000 | 158,300,000 |
| Noninterest-bearing deposits | 29,967,000 | 29,600,000 | 22,522,000 | 24,489,000 |
| Equity capital | 20,417,000 | 19,684,000 | 18,052,000 | 19,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,302,000 | 4,786,000 | 7,431,000 | 10,232,000 |
| Interest expense | 937,000 | 2,058,000 | 3,374,000 | 4,871,000 |
| Net interest income | 1,365,000 | 2,728,000 | 4,057,000 | 5,361,000 |
| Noninterest income | 113,000 | 227,000 | 359,000 | 541,000 |
| Noninterest expense | 1,167,000 | 2,379,000 | 3,658,000 | 4,898,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 311,000 | 472,000 | 654,000 | 900,000 |
| Income tax | 19,000 | 3,000 | 0 | 44,000 |
| Net income | 292,000 | 469,000 | 654,000 | 856,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,529,000 | 27,355,000 | 27,191,000 | 26,901,000 |