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 | 440,403,000 | 470,895,000 | 471,075,000 | 474,845,000 |
| Total loans | 320,400,000 | 326,454,000 | 323,011,000 | 317,220,000 |
| Allowance for loan losses | 4,332,000 | 4,498,000 | 4,743,000 | 4,135,000 |
| Securities available for sale | 39,604,000 | 41,455,000 | 41,069,000 | 42,880,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 389,886,000 | 419,831,000 | 417,993,000 | 421,613,000 |
| Interest-bearing deposits | 311,315,000 | 313,950,000 | 315,780,000 | 316,434,000 |
| Noninterest-bearing deposits | 78,571,000 | 105,881,000 | 102,213,000 | 105,179,000 |
| Equity capital | 41,961,000 | 41,825,000 | 43,831,000 | 45,658,000 |
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 | 5,189,000 | 10,416,000 | 15,640,000 | 20,688,000 |
| Interest expense | 1,167,000 | 2,273,000 | 3,264,000 | 4,109,000 |
| Net interest income | 4,022,000 | 8,143,000 | 12,376,000 | 16,579,000 |
| Noninterest income | 1,041,000 | 1,883,000 | 3,227,000 | 4,139,000 |
| Noninterest expense | 3,449,000 | 6,833,000 | 10,122,000 | 13,985,000 |
| Provision for loan losses | 80,000 | 272,000 | 562,000 | 779,000 |
| Pretax income | 1,536,000 | 2,948,000 | 4,946,000 | 5,989,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,536,000 | 2,948,000 | 4,946,000 | 5,989,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,966,000 | 44,827,000 | 46,826,000 | 46,319,000 |
| Total capital | 48,771,000 | 48,622,000 | 50,569,000 | 50,040,000 |
| Risk-weighted assets | 303,928,000 | 302,914,000 | 298,442,000 | 297,278,000 |