Call reports 2023
CITIZENS BANK — 2023
What CITIZENS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Total assets | 61,861,000 | 60,575,000 | 65,558,000 |
| Total loans | 36,467,000 | 40,309,000 | 38,247,000 |
| Allowance for loan losses | 448,000 | 700,000 | 1,448,000 |
| Securities available for sale | 19,093,000 | 18,415,000 | 25,054,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 59,326,000 | 52,311,000 | 58,930,000 |
| Interest-bearing deposits | 44,253,000 | 31,589,000 | 45,787,000 |
| Noninterest-bearing deposits | 15,073,000 | 20,722,000 | 13,143,000 |
| Equity capital | 2,494,000 | 2,270,000 | -2,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Interest income | 628,000 | 1,294,000 | 1,791,000 |
| Interest expense | 114,000 | 278,000 | 559,000 |
| Net interest income | 514,000 | 1,016,000 | 1,232,000 |
| Noninterest income | 174,000 | 277,000 | 235,000 |
| Noninterest expense | 435,000 | 872,000 | 1,296,000 |
| Provision for loan losses | 0 | 220,000 | 4,815,000 |
| Pretax income | 253,000 | 200,000 | -4,645,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 253,000 | 200,000 | -4,645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Tier 1 capital | 4,911,000 | 4,854,000 | 8,000 |
| Total capital | 5,359,000 | 5,440,000 | 575,000 |
| Risk-weighted assets | 43,402,000 | 46,816,000 | 44,499,000 |