Call reports 2024
CITIZENS BANK, THE — 2024
What CITIZENS BANK, THE 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 | 192,840,000 | 195,397,000 | 200,935,000 | 197,122,000 |
| Total loans | 140,877,000 | 144,073,000 | 147,805,000 | 142,813,000 |
| Allowance for loan losses | 1,912,000 | 1,884,000 | 1,870,000 | 1,863,000 |
| Securities available for sale | 42,635,000 | 42,736,000 | 43,613,000 | 41,326,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,168,000 | 164,512,000 | 166,865,000 | 175,658,000 |
| Interest-bearing deposits | 134,319,000 | 130,345,000 | 131,988,000 | 139,877,000 |
| Noninterest-bearing deposits | 34,849,000 | 34,167,000 | 34,877,000 | 35,781,000 |
| Equity capital | 19,215,000 | 19,615,000 | 21,359,000 | 20,514,000 |
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 | 2,456,000 | 5,071,000 | 7,796,000 | 10,506,000 |
| Interest expense | 1,058,000 | 2,247,000 | 3,535,000 | 4,767,000 |
| Net interest income | 1,398,000 | 2,824,000 | 4,261,000 | 5,739,000 |
| Noninterest income | 232,000 | 586,000 | 814,000 | 1,060,000 |
| Noninterest expense | 1,224,000 | 2,415,000 | 3,707,000 | 4,866,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 406,000 | 995,000 | 1,368,000 | 1,933,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 406,000 | 995,000 | 1,368,000 | 1,933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,195,000 | 24,621,000 | 24,990,000 | 25,411,000 |