Call reports 2014
CITIZENS BANK — 2014
What CITIZENS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 164,094,000 | 169,522,000 | 175,708,000 | 176,792,000 |
| Total loans | 117,304,000 | 128,804,000 | 131,318,000 | 133,023,000 |
| Allowance for loan losses | 1,853,000 | 1,939,000 | 1,956,000 | 2,028,000 |
| Securities available for sale | 31,935,000 | 31,600,000 | 30,204,000 | 30,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,670,000 | 145,543,000 | 152,300,000 | 155,942,000 |
| Interest-bearing deposits | 118,393,000 | 117,434,000 | 124,755,000 | 126,103,000 |
| Noninterest-bearing deposits | 26,277,000 | 28,109,000 | 27,545,000 | 29,839,000 |
| Equity capital | 14,542,000 | 15,279,000 | 15,718,000 | 16,396,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,977,000 | 4,083,000 | 6,266,000 | 8,451,000 |
| Interest expense | 235,000 | 461,000 | 695,000 | 943,000 |
| Net interest income | 1,742,000 | 3,622,000 | 5,571,000 | 7,508,000 |
| Noninterest income | 127,000 | 258,000 | 407,000 | 529,000 |
| Noninterest expense | 1,125,000 | 2,273,000 | 3,459,000 | 4,673,000 |
| Provision for loan losses | 110,000 | 200,000 | 290,000 | 380,000 |
| Pretax income | 660,000 | 1,433,000 | 2,265,000 | 3,038,000 |
| Income tax | 252,000 | 552,000 | 868,000 | 1,157,000 |
| Net income | 408,000 | 881,000 | 1,397,000 | 1,881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,992,000 | 15,466,000 | 15,981,000 | 16,466,000 |
| Total capital | 16,470,000 | 17,040,000 | 17,601,000 | 18,107,000 |
| Risk-weighted assets | 117,869,000 | 125,580,000 | 129,281,000 | 130,874,000 |