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 | 231,249,000 | 245,026,000 | 251,805,000 | 248,634,000 |
| Total loans | 133,868,000 | 145,316,000 | 152,608,000 | 153,939,000 |
| Allowance for loan losses | 1,383,000 | 1,385,000 | 1,386,000 | 1,388,000 |
| Securities available for sale | 74,829,000 | 74,294,000 | 74,706,000 | 69,788,000 |
| Securities held to maturity | 10,771,000 | 10,771,000 | 10,676,000 | 10,276,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,052,000 | 192,973,000 | 189,048,000 | 185,172,000 |
| Interest-bearing deposits | 161,630,000 | 171,922,000 | 171,660,000 | 184,181,000 |
| Noninterest-bearing deposits | 21,422,000 | 21,051,000 | 17,388,000 | 991,000 |
| Equity capital | 19,328,000 | 19,493,000 | 21,472,000 | 19,594,000 |
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 | 2,732,000 | 5,679,000 | 8,783,000 | 11,995,000 |
| Interest expense | 1,453,000 | 2,914,000 | 4,548,000 | 6,151,000 |
| Net interest income | 1,279,000 | 2,765,000 | 4,235,000 | 5,844,000 |
| Noninterest income | 130,000 | 263,000 | 409,000 | 558,000 |
| Noninterest expense | 1,238,000 | 2,539,000 | 3,918,000 | 5,128,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 171,000 | 464,000 | 701,000 | 1,262,000 |
| Income tax | -4,000 | 1,000 | 6,000 | 88,000 |
| Net income | 175,000 | 463,000 | 695,000 | 1,174,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,725,000 | 26,663,000 | 26,655,000 | 26,675,000 |