Call reports 2020
CITIZENS BANK — 2020
What CITIZENS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Total assets | 78,569,000 | 83,734,000 | 85,910,000 |
| Total loans | 36,971,000 | 38,277,000 | 38,680,000 |
| Allowance for loan losses | 379,000 | 383,000 | 366,000 |
| Securities available for sale | 19,085,000 | 20,327,000 | 17,087,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 68,235,000 | 72,929,000 | 75,078,000 |
| Interest-bearing deposits | 48,088,000 | 49,021,000 | 50,628,000 |
| Noninterest-bearing deposits | 20,147,000 | 23,908,000 | 24,450,000 |
| Equity capital | 9,801,000 | 10,257,000 | 10,305,000 |
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 |
|---|---|---|---|
| Interest income | 789,000 | 1,580,000 | 2,312,000 |
| Interest expense | 99,000 | 194,000 | 270,000 |
| Net interest income | 690,000 | 1,386,000 | 2,042,000 |
| Noninterest income | 172,000 | 331,000 | 487,000 |
| Noninterest expense | 668,000 | 1,245,000 | 1,970,000 |
| Provision for loan losses | 27,000 | 42,000 | 52,000 |
| Pretax income | 167,000 | 430,000 | 525,000 |
| Income tax | 31,000 | 99,000 | 117,000 |
| Net income | 136,000 | 331,000 | 408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Tier 1 capital | 9,536,000 | 9,806,000 | 9,932,000 |
| Total capital | 9,915,000 | — | — |
| Risk-weighted assets | 35,041,000 | — | — |