Call reports 2024
CITIZENS BANK AND TRUST, INC. — 2024
What CITIZENS BANK AND TRUST, INC. 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 | 125,948,000 | 125,367,000 | 126,615,000 | 131,382,000 |
| Total loans | 75,739,000 | 76,004,000 | 78,985,000 | 80,966,000 |
| Allowance for loan losses | 1,151,000 | 1,180,000 | 1,199,000 | 1,231,000 |
| Securities available for sale | 24,604,000 | 24,591,000 | 24,724,000 | 22,596,000 |
| Securities held to maturity | 10,451,000 | 10,173,000 | 10,161,000 | 9,861,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,690,000 | 111,632,000 | 111,766,000 | 116,507,000 |
| Interest-bearing deposits | 86,540,000 | 85,940,000 | 85,495,000 | 86,620,000 |
| Noninterest-bearing deposits | 26,150,000 | 25,692,000 | 26,271,000 | 29,887,000 |
| Equity capital | 12,532,000 | 13,098,000 | 14,236,000 | 12,252,000 |
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 | 1,675,000 | 3,399,000 | 5,160,000 | 7,024,000 |
| Interest expense | 213,000 | 438,000 | 691,000 | 950,000 |
| Net interest income | 1,462,000 | 2,961,000 | 4,469,000 | 6,074,000 |
| Noninterest income | 272,000 | 550,000 | 877,000 | 1,136,000 |
| Noninterest expense | 1,043,000 | 2,207,000 | 3,350,000 | 4,374,000 |
| Provision for loan losses | 38,000 | 71,000 | 114,000 | 147,000 |
| Pretax income | 653,000 | 1,232,000 | 1,881,000 | 2,675,000 |
| Income tax | 146,000 | 291,000 | 428,000 | 650,000 |
| Net income | 507,000 | 941,000 | 1,453,000 | 2,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,957,000 | 15,391,000 | 15,903,000 | 14,475,000 |
| Total capital | 15,845,000 | 16,279,000 | 16,797,000 | 15,398,000 |
| Risk-weighted assets | 70,701,000 | 70,738,000 | 71,188,000 | 73,482,000 |