Call reports 2024
CITIZENS BANK & TRUST COMPANY OF ARDMORE — 2024
What CITIZENS BANK & TRUST COMPANY OF ARDMORE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 321,038,000 | 318,949,000 | 318,701,000 | 312,805,000 |
| Total loans | 196,146,000 | 195,779,000 | 196,897,000 | 195,711,000 |
| Allowance for loan losses | 1,881,000 | 1,960,000 | 1,995,000 | 1,995,000 |
| Securities available for sale | 61,873,000 | 61,777,000 | 63,288,000 | 59,408,000 |
| Securities held to maturity | 35,378,000 | 34,744,000 | 33,549,000 | 32,220,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,726,000 | 265,449,000 | 261,545,000 | 269,287,000 |
| Interest-bearing deposits | 202,463,000 | 201,249,000 | 197,011,000 | 208,073,000 |
| Noninterest-bearing deposits | 66,263,000 | 64,200,000 | 64,534,000 | 61,214,000 |
| Equity capital | 18,994,000 | 20,273,000 | 23,677,000 | 24,078,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,488,000 | 7,033,000 | 10,688,000 | 14,400,000 |
| Interest expense | 1,129,000 | 2,279,000 | 3,436,000 | 4,605,000 |
| Net interest income | 2,359,000 | 4,754,000 | 7,252,000 | 9,795,000 |
| Noninterest income | 475,000 | 954,000 | 1,455,000 | 1,996,000 |
| Noninterest expense | 1,920,000 | 3,787,000 | 5,700,000 | 7,555,000 |
| Provision for loan losses | 80,000 | 160,000 | 195,000 | 195,000 |
| Pretax income | 827,000 | 1,754,000 | 2,805,000 | 4,034,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 827,000 | 1,754,000 | 2,805,000 | 4,034,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,660,000 | 27,802,000 | 29,256,000 | 31,102,000 |
| Total capital | 28,541,000 | 29,762,000 | 31,251,000 | 33,097,000 |
| Risk-weighted assets | 202,575,000 | 199,679,000 | 199,008,000 | 196,452,000 |