Call reports 2020
CITIZENS BANK — 2020
What CITIZENS BANK 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 | 265,886,000 | 275,924,000 | 275,279,000 | 286,332,000 |
| Total loans | 165,290,000 | 177,496,000 | 186,619,000 | 183,925,000 |
| Allowance for loan losses | 2,838,000 | 2,962,000 | 2,955,000 | 3,047,000 |
| Securities available for sale | 36,728,000 | 45,222,000 | 47,318,000 | 52,593,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 233,676,000 | 242,992,000 | 244,040,000 | 254,530,000 |
| Interest-bearing deposits | 192,629,000 | 192,725,000 | 193,702,000 | 198,540,000 |
| Noninterest-bearing deposits | 41,047,000 | 50,267,000 | 50,338,000 | 55,990,000 |
| Equity capital | 27,157,000 | 28,361,000 | 27,128,000 | 27,959,000 |
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 | 3,061,000 | 6,012,000 | 9,018,000 | 11,955,000 |
| Interest expense | 821,000 | 1,613,000 | 2,355,000 | 3,041,000 |
| Net interest income | 2,240,000 | 4,399,000 | 6,663,000 | 8,914,000 |
| Noninterest income | 300,000 | 566,000 | 885,000 | 1,201,000 |
| Noninterest expense | 1,636,000 | 3,255,000 | 4,827,000 | 6,421,000 |
| Provision for loan losses | 25,000 | 100,000 | 200,000 | 290,000 |
| Pretax income | 879,000 | 1,643,000 | 2,554,000 | 3,437,000 |
| Income tax | 232,000 | 434,000 | 675,000 | 808,000 |
| Net income | 647,000 | 1,209,000 | 1,879,000 | 2,629,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,136,000 | 27,699,000 | 26,396,000 | 27,146,000 |
| Total capital | 29,510,000 | 30,182,000 | 29,018,000 | 29,807,000 |
| Risk-weighted assets | 189,447,000 | 198,163,000 | 209,406,000 | 212,509,000 |