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/d2a03e08-9fcd-4f31-8b7f-4dd39b530799/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets447,003,000445,108,000442,223,000449,353,000
Total loans300,030,000300,110,000298,500,000305,936,000
Allowance for loan losses4,097,0004,112,0004,018,0004,082,000
Securities available for sale64,545,00063,781,00064,156,00061,483,000
Securities held to maturity0000
Trading assets0000
Total deposits397,776,000395,616,000387,154,000389,946,000
Interest-bearing deposits275,567,000268,760,000260,314,000256,630,000
Noninterest-bearing deposits122,209,000126,856,000126,840,000133,316,000
Equity capital44,635,00044,567,00044,756,00053,699,000

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 income5,202,00010,993,00016,692,00022,747,000
Interest expense583,0001,356,0002,252,0003,307,000
Net interest income4,619,0009,637,00014,440,00019,440,000
Noninterest income1,161,0002,215,0004,513,00010,799,000
Noninterest expense3,615,0007,105,00011,167,00016,614,000
Provision for loan losses108,000128,000149,000261,000
Pretax income2,057,0004,569,0007,567,00012,800,000
Income tax0000
Net income2,057,0004,569,0007,567,00012,800,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital53,618,00054,531,00055,728,00060,961,000
Total capital57,358,00058,268,00059,412,00064,719,000
Risk-weighted assets298,879,000298,536,000294,366,000300,233,000