Call reports 2024
CITIZENS BANK — 2024
What CITIZENS BANK 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 | 189,952,000 | 184,322,000 | 188,500,000 | 185,435,000 |
| Total loans | 148,569,000 | 152,093,000 | 154,233,000 | 153,089,000 |
| Allowance for loan losses | 1,661,000 | 1,683,000 | 1,711,000 | 1,736,000 |
| Securities available for sale | 17,158,000 | 14,480,000 | 11,734,000 | 8,198,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,200,000 | 165,307,000 | 169,105,000 | 166,950,000 |
| Interest-bearing deposits | 114,776,000 | 110,177,000 | 110,246,000 | 108,913,000 |
| Noninterest-bearing deposits | 57,424,000 | 55,130,000 | 58,859,000 | 58,037,000 |
| Equity capital | 17,428,000 | 17,555,000 | 17,805,000 | 17,761,000 |
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 | 3,174,000 | 6,399,000 | 9,817,000 | 13,285,000 |
| Interest expense | 554,000 | 1,096,000 | 1,635,000 | 2,194,000 |
| Net interest income | 2,620,000 | 5,303,000 | 8,182,000 | 11,091,000 |
| Noninterest income | 175,000 | 363,000 | 573,000 | 684,000 |
| Noninterest expense | 1,536,000 | 3,200,000 | 4,763,000 | 6,254,000 |
| Provision for loan losses | 40,000 | 70,000 | 100,000 | 130,000 |
| Pretax income | 1,219,000 | 2,396,000 | 3,892,000 | 5,391,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,219,000 | 2,396,000 | 3,892,000 | 5,391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,371,000 | 17,531,000 | 17,638,000 | 17,614,000 |
| Total capital | 19,032,000 | 19,214,000 | 19,349,000 | 19,350,000 |
| Risk-weighted assets | 145,310,000 | 147,190,000 | 147,507,000 | 145,754,000 |