Call reports 2023
CITIZENS BANK, THE — 2023
What CITIZENS BANK, THE 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 | 820,350,000 | 811,071,000 | 779,548,000 | 790,557,000 |
| Total loans | 267,103,000 | 273,354,000 | 274,825,000 | 282,471,000 |
| Allowance for loan losses | 3,668,000 | 3,668,000 | 3,677,000 | 3,662,000 |
| Securities available for sale | 377,262,000 | 362,634,000 | 344,640,000 | 262,121,000 |
| Securities held to maturity | 119,738,000 | 115,895,000 | 110,364,000 | 102,413,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 735,126,000 | 705,528,000 | 674,790,000 | 674,466,000 |
| Interest-bearing deposits | 485,958,000 | 461,728,000 | 450,320,000 | 454,732,000 |
| Noninterest-bearing deposits | 249,168,000 | 243,800,000 | 224,470,000 | 219,734,000 |
| Equity capital | 26,449,000 | 19,236,000 | 7,981,000 | 26,956,000 |
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 | 6,873,000 | 14,011,000 | 21,374,000 | 29,091,000 |
| Interest expense | 895,000 | 2,404,000 | 4,270,000 | 6,378,000 |
| Net interest income | 5,978,000 | 11,607,000 | 17,104,000 | 22,713,000 |
| Noninterest income | 1,313,000 | 2,709,000 | 4,103,000 | 5,436,000 |
| Noninterest expense | 3,676,000 | 7,386,000 | 11,111,000 | 14,644,000 |
| Provision for loan losses | 0 | -2,000 | 22,000 | 40,000 |
| Pretax income | 3,623,000 | 6,940,000 | 10,086,000 | 5,688,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,623,000 | 6,940,000 | 10,086,000 | 5,688,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,612,000 | 79,429,000 | 79,377,000 | 75,726,000 |
| Total capital | 83,719,000 | 83,512,000 | 83,444,000 | 79,761,000 |
| Risk-weighted assets | 369,347,000 | 364,537,000 | 370,877,000 | 375,550,000 |