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Call reports 2023

CITIZENS TRI-COUNTY BANK — 2023

What CITIZENS TRI-COUNTY BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/bbc4f1b2-2c0f-41fa-a810-27e8c35f33d0/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets1,272,555,0001,274,346,0001,290,984,0001,329,473,000
Total loans801,724,000834,559,000864,975,000879,219,000
Allowance for loan losses21,500,00021,215,00021,122,00018,093,000
Securities available for sale273,368,000262,034,000251,658,000252,177,000
Securities held to maturity0000
Trading assets0000
Total deposits1,170,074,0001,166,606,0001,183,600,0001,216,165,000
Interest-bearing deposits897,345,000893,670,000914,852,000946,066,000
Noninterest-bearing deposits272,729,000272,936,000268,748,000270,099,000
Equity capital93,192,00096,561,00094,701,000101,196,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income14,504,00030,602,00047,569,00065,843,000
Interest expense4,419,00010,339,00017,130,00024,656,000
Net interest income10,085,00020,263,00030,439,00041,187,000
Noninterest income1,867,0003,797,0005,905,0008,200,000
Noninterest expense6,799,00014,841,00025,556,00031,776,000
Provision for loan losses-420,000-651,000-468,000948,000
Pretax income5,073,0009,870,00011,263,00016,670,000
Income tax3,00012,00024,00040,000
Net income5,070,0009,858,00011,239,00016,630,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital118,303,000123,126,000124,542,000124,156,000