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 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 54,857,000 | 56,858,000 | 60,962,000 | 56,570,000 |
| Total loans | 28,006,000 | 29,910,000 | 30,410,000 | 29,666,000 |
| Allowance for loan losses | 449,000 | 455,000 | 501,000 | 605,000 |
| Securities available for sale | 14,512,000 | 18,713,000 | 16,691,000 | 18,792,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,271,000 | 48,835,000 | 53,358,000 | 49,288,000 |
| Interest-bearing deposits | 36,143,000 | 36,147,000 | 39,305,000 | 34,287,000 |
| Noninterest-bearing deposits | 11,128,000 | 12,688,000 | 14,053,000 | 15,001,000 |
| Equity capital | 4,825,000 | 5,015,000 | 4,823,000 | 4,738,000 |
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 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 510,000 | 1,016,000 | 1,502,000 | 1,919,000 |
| Interest expense | 95,000 | 193,000 | 274,000 | 353,000 |
| Net interest income | 415,000 | 823,000 | 1,228,000 | 1,566,000 |
| Noninterest income | 77,000 | 154,000 | 373,000 | 480,000 |
| Noninterest expense | 357,000 | 662,000 | 991,000 | 1,335,000 |
| Provision for loan losses | 230,000 | 230,000 | 230,000 | 334,000 |
| Pretax income | -54,000 | 153,000 | 448,000 | 445,000 |
| Income tax | 4,000 | 10,000 | 16,000 | 38,000 |
| Net income | -58,000 | 143,000 | 432,000 | 407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,546,000 | 4,749,000 | 4,677,000 | 4,653,000 |
| Total capital | 4,943,000 | 5,166,000 | 5,086,000 | 5,067,000 |
| Risk-weighted assets | 31,752,000 | 33,325,000 | 32,706,000 | 33,007,000 |