Call reports 2020
CITIZENS BANK AND TRUST COMPANY — 2020
What CITIZENS BANK AND TRUST COMPANY 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 | 941,433,000 | 993,699,000 | 1,008,284,000 | 983,992,000 |
| Total loans | 614,518,000 | 643,609,000 | 609,891,000 | 545,514,000 |
| Allowance for loan losses | 6,765,000 | 9,324,000 | 9,217,000 | 9,126,000 |
| Securities available for sale | 152,502,000 | 159,919,000 | 190,996,000 | 193,436,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 820,397,000 | 859,277,000 | 873,045,000 | 846,719,000 |
| Interest-bearing deposits | 672,128,000 | 652,299,000 | 669,647,000 | 624,143,000 |
| Noninterest-bearing deposits | 148,269,000 | 206,978,000 | 203,398,000 | 222,576,000 |
| Equity capital | 96,954,000 | 101,426,000 | 103,723,000 | 105,807,000 |
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 | 8,405,000 | 16,250,000 | 23,475,000 | 30,682,000 |
| Interest expense | 1,748,000 | 3,142,000 | 4,323,000 | 5,136,000 |
| Net interest income | 6,657,000 | 13,108,000 | 19,152,000 | 25,546,000 |
| Noninterest income | 2,275,000 | 4,270,000 | 6,357,000 | 8,404,000 |
| Noninterest expense | 7,199,000 | 14,075,000 | 20,624,000 | 27,734,000 |
| Provision for loan losses | 321,000 | 3,329,000 | 3,357,000 | 3,376,000 |
| Pretax income | 1,863,000 | 424,000 | 1,978,000 | 3,290,000 |
| Income tax | 428,000 | 48,000 | 321,000 | 576,000 |
| Net income | 1,435,000 | 376,000 | 1,657,000 | 2,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,995,000 | 94,894,000 | 96,384,000 | 97,526,000 |
| Total capital | 102,760,000 | 104,098,000 | 105,234,000 | 105,624,000 |
| Risk-weighted assets | 729,577,000 | 736,220,000 | 707,655,000 | 646,858,000 |