Call reports 2020
FIRST CITIZENS NATIONAL BANK — 2020
What FIRST CITIZENS NATIONAL 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 | 1,833,341,000 | 1,949,858,000 | 1,981,028,000 | 2,034,249,000 |
| Total loans | 1,009,077,000 | 1,078,677,000 | 1,100,390,000 | 1,080,718,000 |
| Allowance for loan losses | 11,610,000 | 12,060,000 | 13,458,000 | 14,296,000 |
| Securities available for sale | 667,707,000 | 666,121,000 | 669,390,000 | 740,937,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,498,933,000 | 1,610,052,000 | 1,634,360,000 | 1,691,004,000 |
| Interest-bearing deposits | 1,247,582,000 | 1,280,492,000 | 1,303,541,000 | 1,335,149,000 |
| Noninterest-bearing deposits | 251,351,000 | 329,560,000 | 330,819,000 | 355,855,000 |
| Equity capital | 224,756,000 | 229,606,000 | 233,894,000 | 236,509,000 |
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 | 17,923,000 | 35,144,000 | 52,919,000 | 69,768,000 |
| Interest expense | 4,137,000 | 7,422,000 | 10,221,000 | 12,574,000 |
| Net interest income | 13,786,000 | 27,722,000 | 42,698,000 | 57,194,000 |
| Noninterest income | 3,910,000 | 7,971,000 | 13,019,000 | 18,164,000 |
| Noninterest expense | 11,737,000 | 23,598,000 | 35,614,000 | 47,941,000 |
| Provision for loan losses | 125,000 | 775,000 | 2,175,000 | 3,175,000 |
| Pretax income | 6,524,000 | 12,135,000 | 18,801,000 | 25,110,000 |
| Income tax | 1,077,000 | 1,909,000 | 2,952,000 | 3,570,000 |
| Net income | 5,416,000 | 10,164,000 | 15,756,000 | 21,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 178,301,000 | 181,113,000 | 184,926,000 | 187,605,000 |