Call reports 2023
CFG BANK — 2023
What CFG BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 4,463,058,000 | 5,075,789,000 | 5,035,449,000 | 5,026,379,000 |
| Total loans | 3,438,817,000 | 3,596,281,000 | 3,567,448,000 | 3,558,866,000 |
| Allowance for loan losses | 53,246,000 | 57,361,000 | 53,747,000 | 55,243,000 |
| Securities available for sale | 335,034,000 | 429,472,000 | 512,933,000 | 633,642,000 |
| Securities held to maturity | 165,274,000 | 155,746,000 | 171,732,000 | 155,928,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,969,349,000 | 4,523,257,000 | 4,411,561,000 | 4,379,207,000 |
| Interest-bearing deposits | 3,385,631,000 | 3,985,339,000 | 3,866,269,000 | 3,844,329,000 |
| Noninterest-bearing deposits | 583,718,000 | 537,918,000 | 545,292,000 | 534,878,000 |
| Equity capital | 403,146,000 | 435,434,000 | 453,400,000 | 534,465,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 89,892,000 | 193,841,000 | 303,237,000 | 415,153,000 |
| Interest expense | 28,037,000 | 64,535,000 | 107,794,000 | 151,372,000 |
| Net interest income | 61,855,000 | 129,306,000 | 195,443,000 | 263,781,000 |
| Noninterest income | 4,477,000 | 7,114,000 | 14,130,000 | 5,208,000 |
| Noninterest expense | 21,266,000 | 58,088,000 | 81,877,000 | 116,365,000 |
| Provision for loan losses | 3,132,000 | 7,233,000 | 11,852,000 | 13,361,000 |
| Pretax income | 38,861,000 | 67,940,000 | 112,884,000 | 136,673,000 |
| Income tax | 0 | -11,624,000 | 51,000 | 6,284,000 |
| Net income | 38,861,000 | 79,564,000 | 112,833,000 | 130,389,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 413,297,000 | 448,067,000 | 471,604,000 | 540,278,000 |
| Total capital | — | — | — | 600,602,000 |
| Risk-weighted assets | — | — | — | 5,089,507,000 |