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 | 51,826,000 | 53,162,000 | 56,546,000 | 52,328,000 |
| Total loans | 19,831,000 | 23,577,000 | 24,540,000 | 25,717,000 |
| Allowance for loan losses | 231,000 | 241,000 | 251,000 | 248,000 |
| Securities available for sale | 25,205,000 | 26,051,000 | 24,782,000 | 23,503,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,268,000 | 39,887,000 | 45,653,000 | 39,581,000 |
| Interest-bearing deposits | 36,916,000 | 32,343,000 | 38,814,000 | 32,367,000 |
| Noninterest-bearing deposits | 7,352,000 | 7,544,000 | 6,839,000 | 7,214,000 |
| Equity capital | 3,945,000 | 4,133,000 | 4,099,000 | 4,157,000 |
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 | 409,000 | 873,000 | 1,349,000 | 1,812,000 |
| Interest expense | 50,000 | 141,000 | 235,000 | 316,000 |
| Net interest income | 359,000 | 732,000 | 1,114,000 | 1,496,000 |
| Noninterest income | 63,000 | 134,000 | 189,000 | 285,000 |
| Noninterest expense | 292,000 | 596,000 | 891,000 | 1,209,000 |
| Provision for loan losses | 10,000 | 20,000 | 30,000 | 30,000 |
| Pretax income | 120,000 | 250,000 | 382,000 | 542,000 |
| Income tax | 8,000 | 16,000 | 24,000 | 36,000 |
| Net income | 112,000 | 234,000 | 358,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,894,000 | 3,935,000 | 3,969,000 | 4,028,000 |
| Total capital | 4,125,000 | 4,176,000 | 4,220,000 | 4,276,000 |
| Risk-weighted assets | 26,842,000 | 28,833,000 | 30,224,000 | 29,562,000 |