Call reports 2014
CITIZENS BANK — 2014
What CITIZENS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 72,631,000 | 72,847,000 | 69,804,000 | 69,089,000 |
| Total loans | 32,198,000 | 32,543,000 | 33,598,000 | 32,571,000 |
| Allowance for loan losses | 306,000 | 314,000 | 309,000 | 304,000 |
| Securities available for sale | 24,395,000 | 23,689,000 | 24,716,000 | 19,298,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,657,000 | 64,527,000 | 61,250,000 | 60,597,000 |
| Interest-bearing deposits | 50,896,000 | 50,574,000 | 48,152,000 | 48,165,000 |
| Noninterest-bearing deposits | 13,761,000 | 13,953,000 | 13,098,000 | 12,432,000 |
| Equity capital | 7,655,000 | 8,013,000 | 8,224,000 | 8,147,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 655,000 | 1,348,000 | 2,028,000 | 2,694,000 |
| Interest expense | 73,000 | 145,000 | 215,000 | 282,000 |
| Net interest income | 582,000 | 1,203,000 | 1,813,000 | 2,412,000 |
| Noninterest income | 167,000 | 314,000 | 489,000 | 654,000 |
| Noninterest expense | 641,000 | 1,189,000 | 1,744,000 | 2,379,000 |
| Provision for loan losses | 11,000 | 36,000 | 36,000 | 72,000 |
| Pretax income | 97,000 | 292,000 | 522,000 | 617,000 |
| Income tax | 10,000 | 20,000 | 62,000 | 113,000 |
| Net income | 87,000 | 272,000 | 460,000 | 504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,690,000 | 7,875,000 | 8,063,000 | 7,907,000 |
| Total capital | 7,996,000 | 8,189,000 | 8,372,000 | 8,211,000 |
| Risk-weighted assets | 37,937,000 | 36,962,000 | 38,411,000 | 37,325,000 |