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 | 450,129,000 | 454,052,000 | 477,435,000 | 469,274,000 |
| Total loans | 304,201,000 | 300,898,000 | 301,384,000 | 303,566,000 |
| Allowance for loan losses | 4,156,000 | 3,837,000 | 3,892,000 | 4,477,000 |
| Securities available for sale | 62,543,000 | 66,477,000 | 70,824,000 | 70,471,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,090,000 | 396,489,000 | 416,791,000 | 408,892,000 |
| Interest-bearing deposits | 264,427,000 | 268,494,000 | 276,899,000 | 278,226,000 |
| Noninterest-bearing deposits | 129,663,000 | 127,995,000 | 139,892,000 | 130,666,000 |
| Equity capital | 51,373,000 | 52,573,000 | 55,340,000 | 55,075,000 |
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 | 6,157,000 | 12,583,000 | 19,303,000 | 26,174,000 |
| Interest expense | 1,232,000 | 2,602,000 | 4,109,000 | 5,609,000 |
| Net interest income | 4,925,000 | 9,981,000 | 15,194,000 | 20,565,000 |
| Noninterest income | 1,131,000 | 2,171,000 | 3,247,000 | 4,564,000 |
| Noninterest expense | 3,671,000 | 7,316,000 | 10,958,000 | 15,667,000 |
| Provision for loan losses | 111,000 | 221,000 | 274,000 | 946,000 |
| Pretax income | 2,274,000 | 4,615,000 | 7,209,000 | 8,516,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,274,000 | 4,615,000 | 7,209,000 | 8,516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,235,000 | 59,977,000 | 60,770,000 | 62,076,000 |
| Total capital | 62,955,000 | 63,709,000 | 64,491,000 | 65,826,000 |
| Risk-weighted assets | 297,141,000 | 298,369,000 | 297,457,000 | 299,203,000 |