Call reports 2020
CITIZENS BANK — 2020
What CITIZENS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 160,814,000 | 169,331,000 | 172,546,000 | 178,001,000 |
| Total loans | 122,362,000 | 126,595,000 | 127,420,000 | 123,163,000 |
| Allowance for loan losses | 1,000,000 | 1,083,000 | 1,146,000 | 1,187,000 |
| Securities available for sale | 1,974,000 | 2,365,000 | 2,463,000 | 3,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,625,000 | 153,418,000 | 158,997,000 | 163,897,000 |
| Interest-bearing deposits | 103,362,000 | 106,354,000 | 109,359,000 | 109,722,000 |
| Noninterest-bearing deposits | 42,263,000 | 47,064,000 | 49,638,000 | 54,175,000 |
| Equity capital | 13,526,000 | 14,248,000 | 13,363,000 | 13,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,989,000 | 4,086,000 | 5,805,000 | 7,669,000 |
| Interest expense | 237,000 | 440,000 | 632,000 | 814,000 |
| Net interest income | 1,752,000 | 3,646,000 | 5,173,000 | 6,855,000 |
| Noninterest income | 155,000 | 309,000 | 476,000 | 707,000 |
| Noninterest expense | 1,150,000 | 2,295,000 | 3,600,000 | 4,830,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 207,000 |
| Pretax income | 697,000 | 1,540,000 | 1,869,000 | 2,525,000 |
| Income tax | 2,000 | 2,000 | 0 | 0 |
| Net income | 695,000 | 1,538,000 | 1,869,000 | 2,525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,855,000 | 13,572,000 | 12,710,000 | 13,371,000 |
| Total capital | 13,855,000 | 14,655,000 | 13,856,000 | 14,558,000 |
| Risk-weighted assets | 116,837,000 | 119,531,000 | 124,810,000 | 123,331,000 |