Call reports 2016
CITIZENS BANK — 2016
What CITIZENS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 60,653,000 | 60,456,000 | 60,821,000 | 61,954,000 |
| Total loans | 50,229,000 | 50,317,000 | 50,626,000 | 50,445,000 |
| Allowance for loan losses | 332,000 | 335,000 | 347,000 | 363,000 |
| Securities available for sale | 1,000 | 1,000 | 1,000 | 1,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,177,000 | 52,672,000 | 52,838,000 | 54,996,000 |
| Interest-bearing deposits | 36,236,000 | 35,637,000 | 34,874,000 | 35,341,000 |
| Noninterest-bearing deposits | 16,940,000 | 17,036,000 | 17,965,000 | 19,655,000 |
| Equity capital | 4,354,000 | 4,632,000 | 4,793,000 | 4,861,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 707,000 | 1,466,000 | 2,208,000 | 2,971,000 |
| Interest expense | 48,000 | 96,000 | 144,000 | 189,000 |
| Net interest income | 659,000 | 1,370,000 | 2,064,000 | 2,782,000 |
| Noninterest income | 197,000 | 343,000 | 489,000 | 644,000 |
| Noninterest expense | 618,000 | 1,156,000 | 1,782,000 | 2,483,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 223,000 | 527,000 | 726,000 | 883,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 223,000 | 527,000 | 726,000 | 883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,354,000 | 4,632,000 | 4,793,000 | 4,860,000 |
| Total capital | 4,686,000 | 4,967,000 | 5,140,000 | 5,223,000 |
| Risk-weighted assets | 45,955,000 | 46,184,000 | 46,414,000 | 47,057,000 |