FACTANKER · measured, cited, anchored official records connected

Call reports 2023

CITIZENS BANK — 2023

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

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

Cite: FACTANKER, https://factanker.com/entity/bd4d5164-6a20-46d9-bbca-c3358f93c37e/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets193,656,000190,165,000186,167,000190,578,000
Total loans140,117,000141,903,000143,683,000146,912,000
Allowance for loan losses1,461,0001,508,0001,544,0001,623,000
Securities available for sale31,120,00026,703,00024,375,00022,239,000
Securities held to maturity0000
Trading assets0000
Total deposits179,079,000170,593,000167,708,000166,555,000
Interest-bearing deposits116,023,000112,648,000107,301,000105,963,000
Noninterest-bearing deposits63,056,00057,945,00060,407,00060,592,000
Equity capital14,380,00014,407,00014,353,00017,128,000

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 income2,421,0005,061,0007,874,00010,888,000
Interest expense331,000702,0001,183,0001,695,000
Net interest income2,090,0004,359,0006,691,0009,193,000
Noninterest income386,000561,000760,000936,000
Noninterest expense1,330,0002,694,0004,176,0005,811,000
Provision for loan losses60,000120,000180,000240,000
Pretax income1,086,0002,106,0003,095,0004,078,000
Income tax0000
Net income1,086,0002,106,0003,095,0004,078,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital14,475,00014,619,00014,557,00017,078,000
Total capital15,936,00016,127,00016,101,00018,701,000
Risk-weighted assets141,878,000145,918,000145,569,000145,230,000